{"id":64713,"date":"2025-04-24T10:50:45","date_gmt":"2025-04-24T10:50:45","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=64713"},"modified":"2025-04-24T10:50:45","modified_gmt":"2025-04-24T10:50:45","slug":"dangote-joins-global-push-to-unlock-jobs-investment","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/04\/24\/dangote-joins-global-push-to-unlock-jobs-investment\/","title":{"rendered":"Dangote Joins Global Push to Unlock Jobs, Investment"},"content":{"rendered":"<p><strong>By Adewunmi Oluwaseun<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Africa\u2019s richest man, Aliko Dangote, has joined forces with global business giants in a bold new World Bank initiative aimed at unlocking private sector investments and creating jobs in developing countries.<\/p>\n<p>&nbsp;<\/p>\n<p>Announced Wednesday, the latest phase of the World Bank\u2019s Private Sector Investment Lab includes Dangote, President of Dangote Group, as one of its newest members.<\/p>\n<p>&nbsp;<\/p>\n<p>This marks a significant milestone for Nigeria, as Dangote brings the weight of his industrial empire\u2014especially the continent\u2019s largest refinery\u2014into global development conversations.<\/p>\n<p>&nbsp;<\/p>\n<p>The Lab, which has spent the last 18 months identifying and tackling barriers to investment in low-income economies, is now shifting gears to implementation.<\/p>\n<p>&nbsp;<\/p>\n<p>With a sharper focus on employment, the revamped group features leaders from critical job-spinning sectors such as energy, agribusiness, tourism, healthcare, and manufacturing.<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cThis isn\u2019t about charity. It\u2019s about smart investing that lifts people and economies,\u201d said World Bank President Ajay Banga. \u201cWith new voices like Dangote at the table, we\u2019re scaling real solutions for real impact.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>Among the Lab\u2019s five priorities are securing regulatory certainty, expanding political risk insurance, tackling currency risks, boosting junior equity capital through a new Frontier Opportunities Fund, and unlocking long-term capital via securitization.<\/p>\n<p>&nbsp;<\/p>\n<p>New members joining Dangote include Bayer CEO Bill Anderson, Bharti Enterprises Chair Sunil Bharti Mittal, and Hyatt Hotels CEO Mark Hoplamazian.<\/p>\n<p>&nbsp;<\/p>\n<p>As the Lab moves from theory to action, expectations are high. For Dangote and others, it\u2019s a chance to steer investments that deliver both returns and transformation across continents.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Adewunmi Oluwaseun &nbsp; Africa\u2019s richest man, Aliko Dangote, has joined forces with global business giants in a bold new World Bank initiative aimed at unlocking private sector investments and creating jobs in developing countries. &nbsp; Announced Wednesday, the latest phase of the World Bank\u2019s Private Sector Investment Lab includes Dangote, President of Dangote Group, [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":64714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[],"class_list":["post-64713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/64713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=64713"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/64713\/revisions"}],"predecessor-version":[{"id":64715,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/64713\/revisions\/64715"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/64714"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=64713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=64713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=64713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}