Dangote on $23bn refinery gamble: ‘If it didn’t work, I was finished’

Success has never come without risk for Aliko Dangote, Africa’s richest man. But even for someone who has built a business empire spanning cement, sugar and flour and others, his latest venture, the $23 billion Dangote Refinery, was unlike anything he had ever attempted.

In an exclusive interview with Forbes on Monday, Dangote opened up about the enormous gamble he took to bring the refinery to life.

“It was the biggest risk of my life. If this didn’t work, I was dead,” he admitted, a rare moment of vulnerability from a businessman known for his confidence and precision.