Africa’s Richest Man Donates $820000 To Nigerian Soccer Team

| February 8, 2013 | 0 Comments

Aliko Dangote

Aliko Dangote

Africa’s richest man, Aliko Dangote, has rewarded Nigerian soccer team the Super Eagles with an $820,000  (N130 million) cash gift for making it to the finals of the on-going Africa Cup of Nations (AFCON) in Johannesburg.

The cement mogul made the gift on Thursday after the Nigerian team reached the finals of AFCON 2013 by defeating the Malian national team 4-1 at the semi-finals on Wednesday.

According to a statement released by the Dangote Group, the mogul’s gift was a corporate social responsibility (CSR) initiative to acknowledge the exploits of the national team at the games, and stimulate them to bring home the coveted trophy whilst promoting and encouraging sports development in Nigeria.

Nigeria’s Sports Minister Bolaji Abdullahi speaking on the donation said: “Dangote has always demonstrated commitment to Government and people of Nigeria. We are happy over the gesture shown to the players and the coaching crew. It is an example for other well-meaning Nigerians to follow.”

Dangote ranked number one on Forbes list of Africa’s 40 Richest in November 2012 with a net worth of $12 billion, a figure that has since risen to $14 billion. Most of that net worth lies in the value of the 86% stake he owns in listed Dangote Cement.

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Category: Sports