• About Us
  • Contact Us
  • Privacy & Policy
Wednesday, September 17, 2025
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

Dangote advocates for increased investments to drive economic advancement in Africa

Vincent Amadi by Vincent Amadi
April 4, 2025
in Economy, News
Reading Time: 2 mins read
A A
0
Dangote advocates for increased investments to drive economic advancement in Africa
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram


By: Amadi Vincent Uzoma

Aliko Dangote, the President of Dangote Industries Limited (DIL), a Pan-African Conglomerate, has urged for more investments in Africa to drive its rapid growth and progress.


During his speech at the Africa CEO Forum in Kigali, Rwanda, which brought together private sector leaders from across the continent, Dangote highlighted the crucial role Africa plays in the global development landscape.
He cautioned against Africa’s heavy dependence on raw material exports and instead recommended strategic investments to boost local industries. Dangote encouraged African nations to focus on developing domestic manufacturing capacities rather than solely relying on imported goods.


Dangote emphasized his commitment to Africa’s potential for greatness and underlined the importance of investing in the continent. He noted that he has invested over $25 billion in key sectors such as fertilizers, petrochemicals, and refined products to enhance Africa’s self-sufficiency.


The completion of the Dangote Refinery, with a capacity of 650,000 barrels per day, is seen as a milestone in meeting the demand for petroleum products in West Africa, Central Africa, and South Africa.
Dangote emphasized the need to shift from exporting raw materials to producing finished goods locally to create job opportunities and reduce poverty in Africa. He expressed concern over the continuous cycle of job loss and poverty caused by exporting raw materials and importing finished products.


The Africa CEO Forum, established in 2012, serves as a platform for African business leaders to connect with each other and engage with international investors and organizations operating on the continent. The forum aims to facilitate business in Africa by fostering the exchange of ideas and experiences.

Tags: business
Vincent Amadi

Vincent Amadi

Related Posts

IMF, World Bank, puppeteers behind Nigeria’s full fuel subsidy removal – Falana
Economy

IMF, World Bank, puppeteers behind Nigeria’s full fuel subsidy removal – Falana

2 days ago
Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

Dangote Refinery begins nationwide distribution of petrol

2 days ago
Dangote Refinery Petrol Price Drops as Direct Fuel Distribution Begins September 15
Economy

Dangote Refinery Petrol Price Drops as Direct Fuel Distribution Begins September 15

5 days ago
Kano Police Station Attack Leaves Three Officers Injured and Vehicles Destroyed
News

Kano Police Station Attack Leaves Three Officers Injured and Vehicles Destroyed

1 week ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

Only Senate Can Decide Natasha Akpoti-Uduaghan’s Resumption- CLERK
National

Only Senate Can Decide Natasha Akpoti-Uduaghan’s Resumption- CLERK

21 hours ago
Nigeria risks civil war if corrupt judge is appointed INEC chairman – Buba Galadima
National

Nigeria risks civil war if corrupt judge is appointed INEC chairman – Buba Galadima

21 hours ago
SSANU, NASU give FG seven-day strike notice over unmet demands
National

SSANU, NASU give FG seven-day strike notice over unmet demands

21 hours ago
2027: New applications for political parties’ registration now at 144 — INEC
National

INEC: 4.44m register online, 509,929 complete physical registration in ongoing CVR

21 hours ago
Nigerian Parents Struggle With School Fees as Inflation Rises
National

Nigerian Parents Struggle With School Fees as Inflation Rises

2 days ago
New Taxes: Nigerians Cannot Pay While Leaders Waste Public Funds-Kingsley Moghalu
National

New Taxes: Nigerians Cannot Pay While Leaders Waste Public Funds-Kingsley Moghalu

2 days ago

POLITICS

2027: We won’t condone members with ulterior motives – ADC

2027: We won’t condone members with ulterior motives – ADC

2 days ago
Peter Obi, El-Rufai Granted Waiver Ahead 2027 Election

10,000 APC, PDP members defect to ADC in Benue

2 days ago
I will break second term jinx in Ekiti – Gov Oyebanji

I will break second term jinx in Ekiti – Gov Oyebanji

6 days ago
Peter Obi Can Return to PDP Without Wike Obstruction – Jacob Mark

Oyo PDP blasts APC protest over Makinde’s N300bn loan approval

7 days ago
More governors set to defect to APC – Yilwatda

More governors set to defect to APC – Yilwatda

7 days ago
Peter Obi, El-Rufai Granted Waiver Ahead 2027 Election

Update: ADC sets up disciplinary committee to resolve Abia leadership crisis

1 week ago

YOUR ECONOMY

IMF, World Bank, puppeteers behind Nigeria’s full fuel subsidy removal – Falana
Economy

IMF, World Bank, puppeteers behind Nigeria’s full fuel subsidy removal – Falana

2 days ago
Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

Dangote Refinery begins nationwide distribution of petrol

2 days ago
Dangote Refinery Petrol Price Drops as Direct Fuel Distribution Begins September 15
Economy

Dangote Refinery Petrol Price Drops as Direct Fuel Distribution Begins September 15

5 days ago
Manufacturing and agric sectors decline threaten Nigeria’s industrialisation
Economy

Manufacturing and agric sectors decline threaten Nigeria’s industrialisation

3 weeks ago
FG launches initiative to cut overhead cost
Economy

FG launches initiative to cut overhead cost

4 weeks ago
Grant tax relief to media houses —Ex-NNPCL spokesman tells FG
Economy

Grant tax relief to media houses —Ex-NNPCL spokesman tells FG

4 weeks ago

E & P

Paul Scholes Defends Amorim’s System, Slams Manchester United Recruitment System
Sports

Paul Scholes Defends Amorim’s System, Slams Manchester United Recruitment System

by Steven Atogi
21 hours ago
0

Poor Recruitment, Not Amorim’s Tactics, at Fault Manchester United legend Paul Scholes defends manager Ruben Amorim’s system despite the club’s...

Lookman Wins Atalanta Player of the Month of September 2024

Siasia to Chelle: Rely on Lookman, Arokodare

1 week ago
Chelsea Push £78m Fermin Lopez Transfer Bid

Chelsea Push £78m Fermin Lopez Transfer Bid

3 weeks ago
The Rise And Fall Of Sports Institute, Isaka

The Rise And Fall Of Sports Institute, Isaka

3 weeks ago
KTF Launches Free Youth Tennis Clinic in Port Harcourt

KTF Launches Free Youth Tennis Clinic in Port Harcourt

4 weeks ago
‘It’s a shame’ – Ex-Newcastle striker, Andy Carroll blasts Isak over transfer move

‘It’s a shame’ – Ex-Newcastle striker, Andy Carroll blasts Isak over transfer move

1 month ago

YOUR THOUGHT & HISTORY

HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE
Opinion

HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE

by Odini Brains
1 week ago
Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents
National

Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents

by Odini Brains
1 week ago
The Rise And Fall Of Sports Institute, Isaka
Columns

The Rise And Fall Of Sports Institute, Isaka

by Tammy Opoki
3 weeks ago
Tribute to Old Port Harcourt Boy (Peter Rufai)
Columns

Tribute to Old Port Harcourt Boy (Peter Rufai)

by Tammy Opoki
2 months ago
A Democracy Strained: Buhari’s Human Rights Record and the Repression of Dissent
Columns

A Democracy Strained: Buhari’s Human Rights Record and the Repression of Dissent

by Odini Brains
2 months ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Trends

Recent News

Only Senate Can Decide Natasha Akpoti-Uduaghan’s Resumption- CLERK

Only Senate Can Decide Natasha Akpoti-Uduaghan’s Resumption- CLERK

September 16, 2025
Paul Scholes Defends Amorim’s System, Slams Manchester United Recruitment System

Paul Scholes Defends Amorim’s System, Slams Manchester United Recruitment System

September 16, 2025
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address