FILE: President of Dangote Group, Aliko Dangote
The President and Chief Executive Officer of the Africa Finance Corporation, Samaila Zubairu, has described the Dangote Group’s sustained investments across Africa as critical to unlocking the continent’s economic potential.
In a statement by the Dangote Group, Zubairu said this at the Lagos Economic Summit, themed ‘The Real Deal: Africa’s Greatest Investment Opportunity’, where leading economists, financial experts and industry stakeholders highlighted the role of indigenous investments in driving industrialisation and economic transformation.
He said the investments were helping to create jobs, promote import substitution, conserve foreign exchange and strengthen Africa’s economic competitiveness.
Zubairu noted that while recent economic reforms had improved foreign exchange stability, strengthened reserves and eased inflationary pressures, the focus must now shift to growth in industry, productivity and employment.
