Dakar — Nigerian industrialist and Africa’s richest man, Aliko Dangote, has expressed his commitment to strengthening economic partnerships with Senegal, describing the West African nation as one of the continent’s most stable and investor-friendly environments.
Dangote made the remarks during a business visit to Dakar on Monday, where he met with senior government officials and private sector leaders to discuss new areas of collaboration in manufacturing, infrastructure, and energy.
The billionaire businessman praised Senegal’s stable political climate and consistent economic reforms, noting that such conditions have continued to attract both regional and international investors. “Senegal remains one of Africa’s most stable and forward-looking economies. We are ready to explore more opportunities that can drive mutual growth between our businesses and the Senegalese people,” he said.
He emphasized that the Dangote Group is exploring partnerships that would support industrial growth, enhance food security, and create employment opportunities, particularly through the expansion of cement production, fertilizer distribution, and renewable energy projects.
Government sources confirmed that discussions focused on expanding existing investments and identifying new areas of cooperation, in line with President Bassirou Diomaye Faye’s economic agenda aimed at promoting self-sufficiency and sustainable development.
Senegal, known for its steady economic growth and transparent investment framework, has emerged as a preferred destination for investors across Africa. With an average growth rate above 6 percent in recent years, the country continues to attract major players in agriculture, energy, and manufacturing.
Observers note that Dangote’s renewed interest in Senegal signals confidence in the country’s economic outlook and could further strengthen regional trade and industrial integration within West Africa.
