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Dangote targets $200bn group valuation on $45bn expansion
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Dangote targets $200bn group valuation on $45bn expansion
Aliko Dangote has a number in mind for where his business empire is going, and it is not one that many people would put in writing: $200 billion in annual revenue, supported by a group valuation he believes the $45 billion expansion plan he has now outlined will eventually justify.The African billionaire laid out the strategy in an interview with Nicolai Tangen, chief executive of Norges Bank Investment Management, the world's largest sovereign …
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