Aliko Dangote, Africa’s richest man, has amassed a staggering $13.6 billion fortune, largely through his well-known, publicly traded companies such as Dangote Cement, Dangote Sugar, and NASCON, a salt production company. However, beyond these giants, Dangote’s business empire extends into several valuable, privately held entities that significantly boost his wealth.
These lesser-known companies within the Dangote Group showcase the breadth and depth of his business acumen. In this article, we will look into some of his lesser-known companies, shedding light on the diverse and lucrative aspects of Dangote’s corporate world that you might not be familiar with. Let’s dive in.
Bluestar Shipping Lines
Bluestar Shipping Lines, part of Aliko Dangote’s diverse range of companies, was established in 1996 to redefine the maritime industry. The company specializes in integrated shipping, freight forwarding, and stevedoring, aiming to deliver top-tier services that meet global standards. With a focus on efficiency, competitiveness, and excellence, Bluestar provides comprehensive services, including Break Bulk, Vessel Berthing, and Sailing. This venture is a testament to the breadth of the Dangote Group’s interests, extending its reach beyond its more publicized entities, and further solidifying its status as a multifaceted conglomerate within the global market.
Saipem Dangote E&C
Aliko Dangote’s holding company, Dangote Industries Limited, joined forces with Saipem In 2015, a leading Italian multinational oilfield services company, to form Saipem Dangote E&C. This strategic partnership gave birth to a new entity specializing in complex engineering and construction projects across Africa. Saipem Dangote E&C symbolizes a fusion of Dangote’s regional expertise with Saipem’s global experience in oilfield services, aiming to deliver superior construction services in the African continent.
Integrated Steel PLC
Over a decade ago, Aliko Dangote expanded his business portfolio by acquiring Oshogbo Steel Rolling Mills, which now operates as Integrated Steel PLC. This company has become a key player in the steel industry, boasting an impressive annual production capacity of 400,000 metric tons. Integrated Steel PLC specializes in manufacturing a variety of steel products, including both plain and ribbed bars, catering to a broad range of industrial needs.
Greenview Development Nigeria Limited (GDNL)
Greenview Development Nigeria Limited (GDNL), a subsidiary of the Dangote Group, plays a crucial role in Nigeria’s maritime sector. It operates Terminal E at the Lagos Port Complex in Apapa, Lagos, serving as the group’s terminal operating arm. GDNL’s management of this vital port terminal underscores the Dangote Group’s involvement in diverse sectors, extending its influence on maritime operations and contributing to the efficiency of Nigeria’s port infrastructure.
Twister B.V.
In a strategic move to enhance its energy sector portfolio, Dangote Industries Limited acquired Twister B.V., a Netherlands-based company, in 2016. Twister B.V. specializes in innovative gas processing solutions, catering to both the upstream and midstream oil and gas sectors. The acquisition of Twister B.V. by one of the prominent Aliko Dangote companies signifies a deepening of Dangote’s involvement in the energy sector, particularly in gas processing technology.
>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : BusinessElitesAfrica – https://businesselitesafrica.com/2023/11/30/aliko-dangote-5-companies-you-didnt-know-belongs-to-the-billionaire/
