Dangote group sees future in AfCFTA

Mr. Aliko Dangote, the President of the Dangote Group, has said the African Continental Free Trade Area (AfCFTA) would offer his conglomerate a business opportunity that is estimated to be worth $12 billion per annum.

He made the comments at a “High-Level Roundtable Discussion on Industrialisation in Africa,” organised by the Manufacturers Association of Nigeria (MAN) as part of the activities to mark its 50thanniversary celebration.

“You know that long before the AfCFTA, we have always designed and planned to be an export-based company.

“We (Dangote Group) are interested in the AfCFTA because we are going to be its major beneficiaries. Number one, if you look at it today, we have the largest fertilizer plant in Africa so we will supply fertilizer all over the continent.

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