This is Africa's richest man,

This is Africa's richest man, Aliko Dangote, who's worth over $30 billion and is the world's richest black man. He's working to industrialize the African continent and is welcoming people from around the world to invest alongside him. So my question is, would you be one of those people? So let's talk about what he's asking people for. For years, Nigeria would drill its own oil, ship it off to be refined and then buy it back. But Dangote recently finished a $20 billion dollar refinery built just outside of Lagos. And it is already one of the largest and most productive refineries in the world. Dangote can now supply Nigeria's 230 million people with all the refined products they need, along with fertilizer and plastics from his petrochemicals plant, and still have large quantities available for export. That has offered a lifeline to other African countries struggling to access supplies, particularly of petrol and fertilizer, since the Strait of Hormuz was closed. In April, his single-train refinery, which is designed as one integrated unit, also became the world's largest exporter of the jet fuel needed to keep airlines flying during the Iran crisis, according to S&P. Dangote plans to raise output further, from 24 million litres a day to 30 million. "The refinery is the most significant industrial project that I've seen in Nigeria and it has had pretty seismic effects on the country's petroleum industry," says Adam Blythe, a partner specializing in oil and gas at Bracewell, an industry-focused law firm. This refinery now gives Nigeria access to all of the petroleum products, fertilizers and plastics, and still has enough left over to export. And the export part of that became critical courtesy of the Strait of Hormuz being shut down, forcing countries around the world to seek other sources for petroleum products. And that led them to this refinery. "I think what Aliko has done is brilliant," says Mavis Owusu-Gyamfi, chief executive of the Accra-based African Center for Economic Transformation, an independent think-tank. He has, she says, blazed a trail for the refinery has been that it's expected to become Nigeria's largest market with a value of about $40 billion. The IPO is so significant that it's garnered all sorts of interest across Nigeria and the world. "We are working around the clock. This is the busiest time of my life," he tells the FT. "By 2030, we will be at least one of the top 120 companies in the world, with $100 billion revenue." In all, Dangote plans to invest $45 billion by 2030, an unprecedented amount for an African entrepreneur. Much of this will be financed from cash flow, but Dangote also intends to raise around $4 billion by floating a minority stake in the refinery business on the Nigerian stock exchange later this year. Its total projected capitalization of about $40 billion would then be about a quarter of the exchange's entire value. A long-delayed secondary listing of the cement business, currently worth $13 billion, is expected in London by November. Separate listings of his fertilizer and infrastructure businesses will follow, he says, and an eventual London listing of the refinery business is likely. People tend to invest in the US, Europe, Asia, but they often miss Africa. While the continent has tons of resources, it's the last continent to be industrialized. It also has the youngest median population with over 60% of the population younger than 25 years. So there's the business case that Africa is prime for investment and growth. So would you invest in the continent, why or why not? And do you buy into Dangote's growth story? And if you like these sorts of discussions, like and follow for more.