Aliko Dangote is Africa’s Most Charitable Man

Aliko Dangote is Africa’s Most Charitable Man

 

Richtopia, a digital periodical that covers business, economics and financial news, based in the United Kingdom (UK), has recognized Aliko Dangote as the sixth most charitable man in the world and the richest man in Africa.

The first five on the list include; Warren Buffet, Bill Gates, J.K Rowlings, Oprah Winfrey, and Elon Musk. Tony Elumelu, the Chairman of United Bank Of Africa (UBA) is 11th on the list and the only other Nigerian on it.

Dangote is reported to have given his foundation over $1.25 billion, according to the periodical.

The Aliko Dangote Foundation was founded in 1981 but only incorporated as a charity in 1994. Its mission is to promote opportunities for social change through strategic investments in health and wellbeing. It also finances interests in quality education and seeks to broaden economic empowerment opportunities.

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It currently is the largest private foundation in Sub-Saharan Africa with the largest endowment by a single African donor.

The Aliko Dangote Foundation places a special focus on health and nutrition while also dabbling into education, economic empowerment, and humanitarian relief.

The Dangote Foundation has a history of impressive giving. During the Goodluck Jonathan presidency, it gave N2.5 billion to help with the relief work for flood victims. This was the same amount the Federal government also tendered for the same initiative.

 

The Foundation, in line with its mandate to provide relief in times of disaster, spread its philanthropic works beyond the shores of Nigeria with a donation of $1 million to the government of the Federal Democratic Republic of Nepal. The gesture was meant to support the government’s efforts in providing relief to the victims of the earthquakes that occurred in the country.

 

The Foundation has also recently come to the aid of victims of the communal clash between Yoruba and Hausa traders and residents in Ile-Ife, Osun State.

 

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