Aliko Dangote, the wealthiest individual in Africa, has amassed his $13.6 billion fortune primarily through his holdings in publicly traded companies such as Dangote Cement, Dangote Sugar, and NASCON.
However, there are lesser-known privately-held companies in his portfolio that contribute significantly to his wealth. Here are ten such companies:
- Twister B.V.: Acquired from Shell Technology Ventures Fund in 2016, Twister B.V. is a Netherlands-based company specializing in gas processing solutions for the oil and gas industry, including conditioning systems and engineering services.
- Dangote Sinotruk: Established in 2017, this $100-million truck assembly plant in Lagos is a joint venture between Dangote Industries and Chinese company National Heavy Duty Truck Group Company Limited (SINOTRUK). It has the capacity to produce 10,000 trucks annually, with Dangote Group owning a 60% stake and SINOTRUK owning 40%.
- Greenview Development Nigeria Limited (GDNL): GDNL is the terminal operating arm of Dangote Group and manages Terminal E of the Lagos Port Complex in Apapa, Lagos.
- Dangote Agro Sacks Limited: Dangote Agro Sacks Limited specializes in the production of packaging bags for goods manufactured by Dangote Group companies. The company operates from multiple factories in Ikeja, Lagos, and Obajana, Kogi State, manufacturing woven, laminated, and A.D. star cement sacks.
- Bluestar Shipping Lines: Established in 1996, Bluestar Shipping Lines is an integrated shipping, freight forwarding, and stevedoring company. It offers comprehensive maritime services globally, including vessel berthing, sailing, and break bulk operations.
- Saipem Dangote E&C: Saipem Dangote E&C is a construction company formed through a partnership between Saipem, an Italian multinational oilfield services company, and Dangote Industries Limited. The company specializes in executing complex engineering and construction projects in Africa.
- Integrated Steel PLC: Integrated Steel PLC, previously known as Oshogbo Steel Rolling Mills, was acquired by Dangote over a decade ago. It is involved in the production of steel bars and rods, with a yearly capacity of 400,000 metric tons. The company manufactures plain and ribbed bars using billets.
- DIL Power Limited: DIL Power Limited operates the Dangote Oil Fired Power Plant, a 400MW oil-fired power project.
- Dangote Granite Mines Limited: Dangote Granite Mines Limited is a subsidiary of the Dangote Group and operates a large-scale granite mine in Ogun State, Nigeria.
- Dangote Coal Mines Limited: Dangote Coal Mines Limited (DCM) is a mining company engaged in coal extraction from various locations in Kogi, Nigeria.