Sunday , July 15 2018
Home / WORLD / Nigerian planning to invest in Europe and the United States to $50 billion

Nigerian planning to invest in Europe and the United States to $50 billion

Нигериец планирует инвестировать в Европу и США до $50 млрд 60% of future investment will be outside of Africa

Nigerian Aliko Dangote, the richest man in Africa, plans to invest $20 billion to $50 billion in Europe and the United States by 2025 in areas such as renewable energy and oil refining.

“I think that renewable energy sources — way forward in the future. We focus on petrochemicals, but may also invest in other companies,” said Dangote.

See also:  The shelling of the Chinese Consulate in the United States: the assailant was shot

The businessman also added that starting in 2020, 60% of future investment will be outside of Africa.

As a 60-year-old Dangote, the founder of the Dangote Cement and Dangote Group owning it, is estimated at $11.6 billion According to the Agency, to start investments in these regions, he plans to 2020, when complete the projects in the field of agriculture and refining in their homeland in the amount of almost $5 billion and $11 billion respectively.

See also:  China has accused Washington in the PR

At the moment, the Dangote Cement company operates in 9 African countries besides Nigeria.

© 2017, z-news.link. All rights reserved.

Check Also

In the Egyptian capital was rocked by a massive explosion

Possible detonation of the fuel tanks. About Cairo international airport there was an explosion. Cairo …

Leave a Reply

Your email address will not be published. Required fields are marked *