Africa must tell her own story – Dangote

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Aliko DangoteAfrica’s richest man Aliko Dangote has bewailed the Continent’s inability to tell her own story, a situation that he believes frustrates foreign investment on the Continent.

Dangote said at the World Economic Forum in Davos, Switzerland that Africa’s inability to tell her own story has allowed a lot of misconceptions to fester about the Continent’s business environment and investment-friendliness.

“…Unfortunately for us in Africa, we’re not really very good at telling our own story”, Dangote told the CNBC Africa’s Next Billionaire Debate on the sidelines of the World Economic Forum.

The Nigerian magnate who is worth about US$20 billion as of 2013, believes many foreign investors are shying away from pitching camp in Africa because they hear horrible but false and non-existent stories and stereotypes about the Continent.

He said, for example, some potential investors may decide to delay their investment in Nigeria, till after observing to their satisfaction, for at…

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