The Dangote's Dynasty

kymnjoro

Elder Lister
Sanusi Dantata (Aliko Dangote’s grandfather)

Sanusi Dantata (born c. 1919, date of death unknown) was a Nigerian entrepreneur and son of Alhassan Dantata.

In the 1960s, he was the largest licensed produce buying agent of groundnut in Nigeria. However by 1980, he had relinquished some of his business interest to his sons, including the eldest, Abdulkadir Sanusi Dantata, who co-founded Dantata and Sawoe and Asada Farms.

Business network

The Dantata family operated their businesses partly through a patrimonial system of credit allocation, trade and business transfers to kin, household and other members of their clientage. At one point in time, both Sanusi and his brother, Aminu controlled about 200 agents involved in buying Kola nut, Livestock, Ground nut and Merchandise. The system involved about five autonomous level of associates, agents, and farmers. Some members of these system engage in buying goods from restricted rural areas and transporting it to the city where another group of agents in the Urban area buys the goods and store them in stead for Dantata. Also the Dantata family through marriage and credit extension is linked with a few independent trading families in Kano and Northern Nigeria.

Sanusi Dantata was a personal friend of the Qadiriyya scholar, Ali Kumasi and supported some of the latter's religious works in Kano. His support for Ali Kumasi led him into conflict with Nasiru Kabara, the leader of the Qadiriyya movement in Kano and West Africa and a former tutor of Sanusi. Both Kumasi and Dantata tried to promote an independent Qadiriyya scholarship and religious authority, challenging the leadership of Kabaya. However, by the early 1970s, both men joined the Kabara faction of Kano Qadiriyya.

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Dangote is not a self made.... mali ya familia kama ya kamwana
Indeed , business daily had an article how the Guru - Simba Cement / Devki billionaire is using a script almost similar to Dangotes some years back .

Mr Raval’s moves are reminiscent of Nigeria’s protectionist policies starting in 1999 that turbocharged the business empire of Aliko Dangote who went on to become the richest man in Africa with a fortune estimated at $12.8 billion (Sh1.4 trillion).
In an interview with the Financial Times, Mr Dangote said Nigeria’s former president Olusegun Obasanjo summoned him and asked why the country could not produce cement.
The businessman told Mr Obasanjo that it was more profitable to trade than to produce, adding that restricting imports would incentivise manufacturing. The President agreed and the protectionist policies started, helping the businessman to build the largest commodities empire on the continent ranging from cement, petrochemicals and sugar
Mr Dangote said he helped fund Mr Obasanjo’s electoral campaigns, demonstrating how top entrepreneurs are uniquely positioned to shape policy to their benefit. The CAK says Devki’s proposal risks reversing the steady decline in cement prices over the years, an outcome of brutal price wars fuelled by expansion of entrenched and new players despite a growing glut in the local and regional markets.

full article https://www.google.com/amp/s/www.bu...-s-plan-cement-price-war-3586854?view=htmlamp
 
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