Dangote Emerges One Of Bloomberg’s 50 World Best | Crashes Cement Price On Jumia Platform

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Africa’s leading industrialist and its richest, Aliko Dangote, has emerged one of the selected best 50 persons in the world in 2017, as he was honored on Monday night at the Bloomberg 50 annual gala dinner at New York’s iconic Gotham Hall.

Bloomberg, a global information and technology company that connects decision-makers to a dynamic network of data, people and ideas – “accurately delivering business and financial information, news and insights to customers around the world,” on Monday announced The Bloomberg 50, a new, yearly, multi-platform initiative that honors 50 icons and innovators who have changed the global business landscape in measurable ways over the past year.

The first Bloomberg 50 honorees were selected by the Bloomberg Businessweek team after months of input from many of Bloomberg’s 2,700 journalists and analysts around the globe, leveraging the resources of the Bloomberg Terminal, and represent the most influential thought leaders in business, finance, technology and science, politics and entertainment.

The executives, entrepreneurs, experts and entertainers on the Bloomberg 50 all have a quantifiable metric underpinning their inclusion.

“What sets The Bloomberg 50 apart from other lists is that each person chosen has demonstrated measurable change over the past year.

“Readers will find many names they recognise, but will also discover new visionaries—people who are impacting the world in significant ways, and are rapidly gaining the attention they deserve,” said Megan Murphy, editor of Bloomberg Businessweek.

Other prominent honoree on the Bloomberg 50 include – Mohammed bin Salman, Crown prince, Saudi Arabia, a primary proponent of an initiative that would allow women to drive, a decision that is forecast to add $90 billion to the economy by 2030; Elon Musk, CEO, Tesla Inc. and Space Exploration Technologies with a market capitalisation of over $50 billion.

Elon Musk nurses the ambition to establish human colony on planet Mars by 2022; Jeff Bezos, CEO, Amazon, the biggest global retailer, with a major interest in sending tourists into space in Blue Origin rockets; Masayoshi Son, Founder, Softbank Groups Corp., who engineered the largest ever technology investment fund, $93 billion, to fund ride-hailing, artificial intelligence, connected devices, satellites, and the integration of computers to humans; Diane Greene, CEO, Google Cloud and the brain behind integrating advances in artificial intelligence and quantum computing to market; Ken Frazier, CEO, Merck & Co., a leader in drug makers market with an innovative drug for advanced lung cancer treatment.

Dangote, who only last week inaugurated his $300 million 1.5 mtpa capacity cement plant in Congo Brazzaville, has remained a top notch in various global ranking.

“I am very delighted with this selection and I see the recognition as a call to do more towards youth empowerment, job creation, better health for the people and economic emancipation of the African continent,” Dangote said. In a new move designed to reduce price and ease logistics inherent in the purchase of its products, Dangote Cement Plc has signed a pact with foremost e-commerce platform, Jumia Nigeria, to sell its cement to customers online.

At the unveiling of the deal in Lagos, Dangote Cement’s Key Account Director Chux Mogbolu said the company was happy to partner with the online shopping giant, in a bid to make Dangote cement available with ease to customers.

According to the deal, Nigerians and corporate bodies wishing to purchase a minimum of 300 bags of 50kg of Dangote Cement and above can now order on Jumia from the comfort of their rooms at a reasonable price of N2,500 per bag as opposed to how much is sold in the open market and see them delivered to any place of their choice without any extra cost for transportation.

Mogbolu, however disclosed that the purchase would only be within Lagos, Port- Harcourt and Abuja for now.

He said: “Dangote Cement decided to work with Jumia Nigeria based on its credibility and excellent performance over the years in online shopping management.” He added that the new initiative would help arrest the scams perpetrated by online fraudsters who deceived the people by asking them to come and purchase Dangote Cement for N1000 per bag.

“For now, the pilot scheme is live in Lagos, Abuja and Port Harcourt, but we can extend to other cities depending on the level of demand and performance of the new deal.

“With the deal, Nigerians in need of seamless supply of cement from Dangote can now place order and pay online and wait for the delivery in record time from any of Dangote’s nearest cement plant to Lagos, Port Harcourt or Abuja.

“We are starting with Minimum Order Quantity (MOQ) of 300, 600 and 900. We may increase depending on demand surge as time goes on,” Mogbolu explained.

Speaking on the deal too, Chief Executive Officer of Jumia Nigeria, Juliet Anammah said the deal with Dangote Cement is part of efforts to deepen service delivery on Jumia Nigeria online platform.

She said expressed belief that the deal will be beneficial to all parties involved and deepen further online shopping in Nigeria as obtained all over the world.

The Jumia Nigeria chief reflected on the 2017 Black Friday Festival and said it has attracted more than 14 million visits since the campaign started on November 13.

“The annual sales event, which was initiated in Nigeria in 2013 by Jumia remains the busiest and largest shopping day of the year on both online and offline stores. This year’s explosive Black Friday numbers demonstrates the increasing capacity and flexibility of the online retail space in Nigeria.

“We deliver to the 36 states across Nigeria, and are able to reach neighborhoods and shoppers who traditionally have not had access to a wide variety of products and deals. This year we also see the increasing interest in groceries and other FMCG products which reflect the increasing relevance of Black Friday to the average Nigerian,” she said.

Some key highlights of the 2017 figures presented by Jumia Nigeria in Lagos on Thursday showed among other things that More than 1.9 million visits on Black Friday Big Bang. 14.4 million visits since the start of the sales event; overall, 85 per cent of all visits were made on a mobile device, compared to 72 per cent in 2016; and 86,000 smartphones and counting have been sold in the past two weeks.

Datboyjerry

Datboyjerry

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