Dangote Says First Grandson Prefers Outside Experience Before Joining Family Business

Aliko Dangote has said his first grandson is not currently interested in working with him. The Dangote Group president said the young man would prefer to build experience at major global professional services firms before joining the family business. Dangote made the disclosure on Tuesday, September 29, during a high-level investor engagement in Nairobi for the Dangote Petroleum Refinery initial public offering with institutional investors from Kenya and East Africa. Speaking about the group's long-term planning and his family's involvement in the business, Dangote said his first grandson, an electrical engineer, is presently more focused on learning about finance outside the family company. Dangote said his grandson does not find working with him interesting for now and wants to gain experience at KPMG or PWC before later joining the family business. Although the grandson is an electrical engineer, Dangote said he wants to learn about money first. Dangote has previously stated that having a male heir is not a priority for him.