“When you’re young your first million is important, but after, the numbers don’t mean much,” Dangote, a manufacturing tycoon with a range of companies spanning cement to flour, told the Mo Ibrahim forum in Abidjan. “One day, I cashed 10 million, put them in the boot of my car I put it in my room. Africa’s youngest billionaire kidnapped in TanzaniaAnecdotes aside, Dangote said that the two most promising sectors for Africa’s future were agriculture and new technologies. But he advised young African entrepreneurs not to get carried away by the first flush of success. Dangote said he regretted the customs and administrative problems that hamper business development throughout the continent.

Source: The Express Tribune April 07, 2019 14:15 UTC