NO INTEREST IN TELECOMS
Aliko Dangote says he has no interest in the telecoms industry, his reason being that he is late to the party.
“When I look at telecom, for instance, I think that would be very tough for us. We are a little late. Some players have been in this market for 17 years already. There’s no way you can go and jump over somebody after 17 years of their hard work. So I think we would pass when it comes to telecom today.”
HE WISHES HE INVESTED IN TECHNOLOGY
Dangote says he’d have loved to invest in tech, especially because companies in that industry get bigger valuations than industries like agribusiness.
“Look at the US, the way the tech companies are getting massive. And it’s still nothing compared to the GEs, yet those don’t get that kind of valuation. I wish that we’d entered tech, but our concentration has always been in Africa.”
ARSENAL ON THE WISH-LIST
Another thing on the wish-list of the 60-year-old businessman is to buy Arsenal football club.
“I don’t want to go after Arsenal until I deliver the refinery. Once I deliver, I will go after Arsenal.
“I don’t change clubs. Even when Arsenal isn’t doing well I still stick by them. It’s a great team, well-run. It could be run better, so I will be there. I will wait. Even if things change I will take it and make the difference going forward.”
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