Africa’s richest man, Aliko Dangote, visited Burundi, in a move aimed at expanding the footprint of the Dangote Group across the continent. The visit included high-level discussions with President Evariste Ndayishimiye at the presidential palace, signaling Burundi’s growing appeal as a destination for mega-investment.
Accompanied by former Nigerian President Olusegun Obasanjo, Dangote described the mission as both diplomatic and economic. Two dedicated technical teams—one representing Burundi and the other the Dangote Group, will identify priority sectors and shape viable projects.
Investing in Core Sectors
During the engagement, Dangote highlighted opportunities in solid minerals, power generation, agriculture, cement production, and infrastructure development. “Our focus really is investing heavily in the African continent, not anywhere else,” he said, emphasizing the goal of mutual prosperity.
Burundi’s government is particularly keen on partnerships in infrastructure, logistics, industrialisation, and energy, all critical for long-term economic transformation. Officials hope Dangote’s involvement will catalyze local industry and boost employment.
A Landmark Moment for African Investment
Observers see the visit as a milestone, positioning Burundi as a credible destination for large-scale private-sector investment. The expansion aligns with Dangote Group’s broader strategy to integrate multiple African markets, reinforcing the narrative that Africa can generate, retain, and circulate its wealth.
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