Dangote Group Founder on African Trade Transformation

Aliko Dangote, CEO of the Dangote Group, discusses how the company navigated the pandemic by prioritizing employee safety and innovating supply chain management, leading to increased profits. He highlights significant investments in Africa, including a large refinery and petrochemical projects, aiming to reduce import dependency. Dangote emphasizes the importance of the African free trade agreement for economic growth and job creation. He concludes with insights on Africa's potential in agriculture and petrochemicals, advocating for investment in these sectors.

How did the Dangote Group manage to increase profits during the pandemic?

• By closing non-essential businesses

• By focusing on supply chain innovations

• By increasing product prices

• By reducing employee salaries

What is one of the major investments Dangote Group is making in Africa?

• A luxury hotel chain

• A new technology park

• A renewable energy plant

• A large-scale refinery

Which country is expected to receive the majority of Dangote's fertilizer exports?

• China

• India

• Brazil

• United States

What is the primary goal of the African Continental Free Trade Area?

• To increase tariffs on imports

• To create the largest free trade area in the world

• To limit trade between African countries

• To focus solely on agricultural trade

By what year is Africa expected to have a significant increase in its working class population?

• 2025

• 2030

• 2034

• 2040

What percentage of the world's arable land does Africa possess?

• 50%

• 60%

• 40%

• 30%

What is a key focus area for Africa to leverage its strengths?

• Tourism

• Banking

• Agriculture and manufacturing

• Real estate