Audio By Carbonatix
Africa’s richest man, Aliko Dangote has named Ghana as one of the countries on the continent where investments produce good results.
In an interview with David Rubenstein on Bloomberg TV, the Dangote Group Founder said Ghana has a suitable investment environment.
“There are terms involved in inviting foreign investors. But countries that I can suggest people invest are Nigeria, Ghana is a very good place to invest, Côte d'Ivoire, Kenya is also a very good place,” he listed.
The business mogul also stated that people mostly lose their investments due to a lack of understanding of the African market.
He said, “The thing is where you invest. Myself as an African, I cannot invest in every single sector. So I have to be very selective about where I invest.”
Watch full video below:
He also hinted his desire to buy the English Premiership club, Arsenal in 2021.
Aliko Dangote who has been ranked 136th richest person in the world by Forbes said his concentration is on completing his $20 worth of projects under construction, after which he will make an offer for the club.
"I am not buying Arsenal right now; I am buying Arsenal when I finish all these projects because I am trying to take the company to the next level.”Latest Stories
-
Ghana and Afreximbank announce successful resolution of $750 million facility
51 minutes -
IGP inaugurates Ghana Police Music Academy
1 hour -
Proposed 5-year presidential term will be difficult for underperforming presidents to seek more – Prof Prempeh
1 hour -
Constitution review was inclusive, structured and effective – Prof Prempeh
1 hour -
Public urged to remain vigilant to ensure fire incident-free Christmas
1 hour -
Why the fight against neglected tropical diseases is far from over
1 hour -
Reported losses from gold operations in 2025 remain speculative – BoG
2 hours -
Fighting AIDS and STIs in Africa: UNFPA equips youth to turn data into action
2 hours -
Amaarae returns to Accra for homecoming concert
2 hours -
5-year term will be harsher on presidents, not kinder, says Constitution Review Chair
2 hours -
BoG set to exit gold trading business, describes IMF’s losses tag as premature
3 hours -
Minerals Commission Board member warns Blue Water Guards against bribes
3 hours -
Santasi–Ahodwo dualisation takes off; businesses given final eviction deadline
3 hours -
Proposed 5-year presidential term will not apply to current President – Prof Prempeh
3 hours -
Key observations on the Constitutional Review Commission Report submitted to President Mahama
3 hours