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Dangote to invest $2.3bn in northern Nigeria

May 10, 2014

Africa and Nigerian richest man and billionaire chiefAliko Dangote said on Thursday he
will invest $2.3 billion in sugar and rice production in the
north of the country.
Dangote, who is Africa’s richest man, told the World
Economic Forum in Abuja that creating employment was
key to ending an insurgency in the region.
He also said he would invest $12 billion in Nigeria and $4
billion outside the country over the next four years.

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