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Tycoon aims to ease Africa food woes

By Joel Olatunde Agoi | China Daily | Updated: 2011-09-22 08:02

LAGOS, Nigeria - Africa's richest man wants his continent to grow, and some say his project to build its largest fertilizer plant could provide relief to farmers and help put a dent in food shortages.

The project, set to come on stream in three years, may also serve as an example of how Nigeria, the continent's largest oil producer with massive untapped gas reserves, can put its often-squandered natural resources to good use.

Of course, Nigeria-based Dangote Group, headed by Aliko Dangote, once dubbed Africa's richest man by Forbes, could stand to rake in yet another small fortune along the way.

Tycoon aims to ease Africa food woes

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