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Dangote explains why his first grandson wants to work outside family business first
President of the Dangote Group, Aliko Dangote, has explained why his first grandson is not currently interested in joining the family conglomerate.
Dangote said the young man, who is an electrical engineer, would prefer to gain professional experience outside the family business before eventually taking up a role within the group.
He disclosed this during an investor engagement in Nairobi, Kenya, organised around the planned initial public offering of the Dangote Petroleum Refinery and attended by Kenyan and other East African institutional investors.
According to Dangote, his grandson is interested in working with a global professional services firm such as KPMG or PwC so he can develop a better understanding of finance.
Dangote said his grandson intends to gain that outside experience before eventually returning to join the family business.
The businessman described the decision while discussing succession planning and how members of his family are being prepared for responsibilities within the conglomerate.
Dangote daughters already hold roles in family business
Dangote also spoke about the involvement of his daughters in the group.
His three daughters — Mariya, Halima and Fatima — already hold executive positions across different parts of the Dangote business empire, according to reports from the event.
During the Nairobi gathering, Dangote introduced his eldest daughter, Mariya, and her husband, Alassane, who were among those present.
The industrialist has previously said that having a male heir is not important to him and has indicated that one of his daughters could eventually take a leading role in the conglomerate.
Dangote Group operates businesses across several sectors, including cement, sugar, fertiliser, petroleum refining and manufacturing.
Dangote explains five-year planning strategy
Dangote also provided insight into how the group approaches long-term planning.
He said the company prefers five-year plans rather than 10-year plans, arguing that targets set too far into the future could encourage complacency because executives may feel they have too much time to achieve them.
The five-year planning process involves senior executives and directors across the group. TimesNG.com.ng
His comments came as the Dangote Group expands its operations across Africa.
Dangote recently told investors that demand for the Dangote Petroleum Refinery’s planned initial public offering had been strong. The group is also pursuing a major refinery project in Kenya as part of its wider expansion plans.





