On July 25, 2025, Aliko Dangote, Africa’s richest man, officially retired as chairman of Dangote Cement Plc. The company named former Ecobank chair Emmanuel Ikazoboh as his successor and appointed Dangote’s daughter to the board. Dangote built his fortune in cement before launching a $20 billion oil refinery, which doubled his wealth to $28.5 billion. His departure marks a significant leadership transition in one of Africa’s most influential industrial empires.
