Africas richest man, Aliko Dangote, has regained ground after a difficult stretch in late November, when his net worth slipped to 29.1 billion. Fresh gains in his cement business have now lifted him back to 30 billion on the Bloomberg Billionaires Index , keeping him ahead of other global tycoons and restoring a position he briefly ceded during the market dip.
Dangote gains 900 million on stock rise
Bloombergs real-time billionaires index shows that Dangote gained 900 million over the past 15 days, helped by renewed investor interest in his publicly traded companies. The rebound was led by Dangote Cement Plc, his flagship business on the Nigerian Exchange, which remains one of the countrys most valuable listed companies and a key pillar of his fortune.
