Di President and CEO of Dangote Group, Aliko Dangote, don show im appreciation afta World Bank appoint am join dia Private Sector Investment Lab — one group wey dey work to boost investment and job creation for developing countries.
For one statement wey confirm say im don accept di appointment, Dangote tok say im still committed to promote better economic growth through private sector investment, wey fit help change di face of developing markets.
“I dey honoured and happy to accept this appointment to World Bank’s Private Sector Investment Lab wey dey focus on improving investment and creating jobs for countries wey still dey develop,” Dangote tok.
Im add say, “This opportunity follow wetin I don always stand for — sustainable development and to open better opportunity for economies wey still dey grow. I dey get inspiration from how di Asian Tigers take blow, and how dem use strategic investment and strong economic policies. I ready work with other leaders to make that kind success happen for other parts of di world.”
In 2023, Canada Prime Minister, Mark Carney, co-chair di Lab wey bin dey focus on how dem go fit attract £1 trillion to support energy transition for emerging markets.
World Bank announce Dangote appointment on Wednesday as dem dey expand di Lab enter new level wey go help attract private capital and create more jobs for developing countries.
Other big names wey join Dangote include:
- Bill Anderson, CEO of Bayer AG
- Sunil Bharti Mittal, Chairman of Bharti Enterprises
- Mark Hoplamazian, President and CEO of Hyatt Hotels
Di World Bank talk say dis new group dey made up of business leaders wey sabi how to create jobs for places wey dey try grow dia economy. Na part of dia plan to make job creation na central part of global development.
World Bank Group President, Ajay Banga, tok say, “This no be charity. Na to show private sector say e dey possible to invest, make profit, and still help lift people and economy. Na wetin we dey focus on now.”
Dem talk say for di last 18 months, di Lab don bring leaders together to check di main wahala wey dey hold private investment back for developing countries, and dem don come up with five key focus areas — including better policy and regulation.
Dem also highlight say:
- Dangote Group na di biggest company for West Africa and one of di biggest for Africa
- Di Group dey into cement, fertiliser, salt, sugar and oil
- Dem dey employ over 30,000 people and na di biggest taxpayer for Nigeria
- Di $20 billion Dangote Refinery na di largest private investment for Africa
Aside from business, Dangote also run Aliko Dangote Foundation — di biggest private foundation for sub-Saharan Africa. Di foundation dey focus on child nutrition plus health, education, empowerment and emergency support.
