The 2012 Black Billionaires List, Al-Amoudi Comes to Top

Nigerian billionaire Aliko Dangote is no longer the richest black person in the world. He’s been ousted by Ethiopian-born Saudi billionaire Sheikh Mohammed Al-Amoudi who is worth an estimated $12.5 billion. That’s... Read more »
Dangote Nigeria

Nigeria’s Dangote to build cement plant in Ethiopia

Addis Ababa (Reuters) – Nigeria’s Dangote Group , which has seen a rapid expansion on the continent, has signed an agreement to set up a $400 million cement plant in Ethiopia, state... Read more »