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Aliko Dangote, Africa’s Richest Man, Seeks to Invest in Malawi

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Business magnate man Aliko Dangote, ranked by Forbes magazine as the richest man in Africa

Aliko Dangote, Africa’s richest man, is looking to invest in Malawi, a small, impoverished, landlocked country in Southern Africa.

Malawi’s minister of industry and trade, Joseph Mwanamvekha, told journalists in Lilongwe on Wednesday that the Nigerian billionaire, who has investments in cement, sugar and flour, will be visiting Lilongwe, the country’s capital, toward the end of June to hold private talks with President Peter Mutharika to discuss avenues for a potential investment.

According to the Malawian newspaper, Nyasa Times, Dangote will also attend the first Malawi Investment Forum scheduled for June 29 to 30 sin Lilongwe.

“His visit to Malawi will inspire both private and public sector on how he has succeeded in his businesses,” Mwanamvekha said.

Read more at www.forbes.com

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