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Africa's richest man to invest up to US$50b in US and EU

"Beginning in 2020, 60 per cent of our future investments will be outside Africa, so we can have a balance," says Mr Dangote.


AFRICA'S richest man, Aliko Dangote, plans to invest US$20 billion to US$50 billion in the US and Europe by 2025, in industries including renewable energy and petrochemicals.

The 60-year-old Nigerian cement tycoon aims to move into these territories for the first time in...