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Africa’s Richest Man, Alika Dangote, Shares His Perspective on the Impact of China’s Presence in Africa

Chinese businesses are coming to Africa for “what they need” and are not challenging local enterprises in Nigeria and Africa more broadly, according to the founder and president of the Dangote Group, Alika Dangote, in an interview with the Nigerian business TV program “Moneyline with Nancy.”

Dangote, who also happens to be Africa’s wealthiest person, brushed aside complaints that Chinese imports and businesses are undermining competition at the local level. 

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