Aliko Dangote has long been one of Africa’s most powerful business figures. Now, he’s stepping into a new global role—one that could reshape how major development projects get funded and scaled. The World Bank has appointed Dangote to a leadership position in its newly formed Investment Lab, a platform focused on backing innovative solutions in developing regions.
It’s a big move with even bigger implications. The Lab isn’t just another think tank—it’s designed to turn ideas into real-world impact. From clean energy to infrastructure to digital transformation, the goal is to help high-potential projects attract serious investment and scale fast. And in Dangote, the World Bank has tapped someone who knows exactly how to build at scale.
The Nigerian billionaire’s resume speaks for itself. He’s built factories, refineries, and supply chains across Africa. He’s navigated politics, built jobs, and created entire sectors where few dared to try. Now, he brings that experience into the heart of global development finance.
In a statement, World Bank officials praised Dangote’s “on-the-ground insight and proven ability to mobilize capital.” His appointment signals a pivot toward more pragmatic, private-sector-oriented approaches to solving global problems.
For Dangote, it’s a new chapter—but it feels like a natural evolution. He’s no stranger to big bets. Now, he’s taking them to a global stage.
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