Africa, the world as a whole has been hit by the news of the demise of Africa’s billionaire and richest Aliko Dangote.
Dangote died at 59 in Germany after a short illness.
The cause of his death is yet to be communicated to the media but his family confirmed the news to German’s DW-TV3.
Aliko Dangote is a Nigerian billionaire, who owns the Dangote Group, which has interests in commodities. The company operates in Nigeria and other African countries, including Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania, and Zambia. As of June 2016, he had an estimated net worth of US$14.9 billion.
Dangote is ranked by Forbes magazine as the 67th richest person in the world and the richest in Africa; he peaked on the list as the 23rd richest person in the world in 2014. He surpassed Saudi-Ethiopian billionaire Mohammed Hussein Al Amoudi in 2013 by over $2.6 billion to become the world’s richest person of African descent.