Aliko Dangote Entrusts Daughters With Expanded Roles as He Eyes $100 Billion Empire

By Mintesinot Nigussie
Published on 02/19/26

Aliko Dangote, Africa’s richest person, has given his three daughters broader responsibilities across his conglomerate as part of a plan to grow the business into a 100 billion US dollars enterprise within four years, Bloomberg reported.

The changes, outlined in a staff memo seen by Bloomberg and confirmed by a company spokesperson, accelerate the transfer of operational authority to the next generation of the Dangote family at one of Africa’s largest industrial groups. The note stated the adjustments will “empower a new generation to take on expanded responsibilities in shaping our future.”

Fatima Dangote, the youngest child, will take on a commercial leadership role at the group’s energy business, which includes the Lagos refinery, while continuing to manage corporate communications and administration. Halima Dangote, the middle daughter, currently overseeing the family office in Dubai, will expand her duties to include London operations and support the company’s international initiatives. Mariya Dangote, appointed to the cement unit board following her father’s retirement in July, will lead commercial strategy for cement and oversee the group’s food operations across all markets.

The moves reflect a growing trend among billionaire founders, from India’s Ambanis to family-controlled conglomerates in Asia and the Middle East, formalizing succession by placing heirs in executive roles while retaining strategic control.