Aliko Dangote, the President of Dangote Group, has been appointed to the World Bank’s Private Sector Investment Lab, a global advisory body focused on accelerating private investment and job creation in emerging economies.
The announcement was made on April 30, 2025, marking a significant milestone for Nigeria and the broader developing world.
Key Highlights:
- Role and Mission: Dangote will collaborate with other global business leaders to drive investment strategies that promote sustainable economic development and employment in developing nations.
- Prestigious Membership: The lab includes prominent figures such as Bill Anderson, CEO of Bayer AG; Sunil Bharti Mittal, Chair of Bharti Enterprises; and Mark Hoplamazian, President and CEO of Hyatt Hotels Corporation.
- President Tinubu’s Praise: Nigerian President Bola Ahmed Tinubu congratulated Dangote, emphasizing his track record in transforming Africa’s industrial landscape through innovation and strategic investments, including the $20 billion Dangote Petroleum Refinery and Petrochemicals project.