Aliko Dangote, one of Africa’s richest men, has been chosen as one of the 100 most influential people in the world who will shape the direction of charitable giving, according to TIME Magazine’s inaugural TIME100 Philanthropy list.
Only one Nigerian is included on the prestigious 2025 list, Dangote.
The list, which was released on Tuesday, lists 100 philanthropists from 28 nations in the categories of “Titans, Leaders, Trailblazers, and Innovators.”
Dangote joins Michael Bloomberg, Oprah Winfrey, Warren Buffett, and Melinda Gates in the 23 global figures who have been named the “Titans.”
The Dangote Group’s founder and president was commended for his strong philanthropic impact and success in business.
Aliko Dangote, the group’s founder, president, and CEO, established a net worth of $ 23.9 billion through operations in Nigeria’s oil and agriculture sectors, according to the magazine.
His Aliko Dangote Foundation, which he established with $1.25 billion in 2014, aims to return to the continent that contributed to his success by putting an average of $35 million annually toward programs in all of Africa.
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According to Dangote, “any African nation needs five things first, education, economic empowerment, disaster relief, and food.”
The next generation of African leaders must be produced. Our contribution to putting Africans on the road to success lies in our investments in nutrition, health, education, and economic empowerment, Dangote said.
The Aliko Dangote Foundation (ADF) is currently implementing a $100 million multi-year program to treat children who suffer from severe malnutrition, among its recent initiatives. Additionally, it is reviving an initiative to distribute more than one million bags of rice in Nigeria this year, which was launched in 2024.
Prior to now, the foundation worked with the Bill and Melinda Gates Foundation and other partners to eradicate polio in Nigeria.
The World Health Organization declared that the nation was no longer polio-endemic in 2015.
Dangote recently announced a $10 million donation to Kano State’s Aliko Dangote University of Science and Technology.
In addition to funding annual fellowships through the World Economic Forum’s Young Global Leaders program, the foundation will also expand its regional efforts in 2025, including building school complexes, providing vocational training, and supporting local initiatives.
The Dangote Group referred to the TIME recognition as a significant affirmation of Dangote’s long-standing support for social development and philanthropy in a statement released on Tuesday.
The “Philanthropy 100” list on TIME aims to highlight those who are strategically influencing the world giving landscape in addition to giving money.
Source: Channels TV
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