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LequteMan
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Investment Corporation of Dubai is exploring further investment opportunities with African conglomerate Dangote Group, the chief executive of the emirate's fund said on Wednesday.
Mohammed al-Shaibani, speaking alongside Aliko Dangote, head of the Dangote Group at an investment in Dubai said: "We have been looking at Africa for a long time. We are looking to do more business with Mr. Dangote and we have some things that we are exploring at the moment together," according to Reuters.
ICD recently bought a 1.4 percent stake in Dangote Cement for $300 million and hold stakes in many of Dubai's top companies including Emirates airline and Emaar Properties.
#Dangote #Dubai #Africa #Nigeria #Reuters
Mohammed al-Shaibani, speaking alongside Aliko Dangote, head of the Dangote Group at an investment in Dubai said: "We have been looking at Africa for a long time. We are looking to do more business with Mr. Dangote and we have some things that we are exploring at the moment together," according to Reuters.
ICD recently bought a 1.4 percent stake in Dangote Cement for $300 million and hold stakes in many of Dubai's top companies including Emirates airline and Emaar Properties.
#Dangote #Dubai #Africa #Nigeria #Reuters