IDB, Dangote join to boost job creation

17 March 2014

IDB President Ahmad Mohamed Ali with Dangote Group President and CEO Aliko Dangote.

The Islamic Development Bank (IDB) and Dangote Group will partner to boost job creation in Africa. This was the outcome of the visit by Dangote Group President and CEO Aliko Dangote during a one day visit to the headquarters of IDB in Jeddah.

Dangote stated that he will now be investing $1.2 billion in his foundation to work in various sectors such as education, health and job creation in Africa, and other parts of the world.

“I am really amazed by the amount of work IDB is doing. I believe we need to work together to create jobs. China developed because the Chinese invested in the country. America is successful because the system is tied to job creation, so we must invest in Africa in order to create jobs,” he told the IDB staff.
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