Dangote Industries has appointed MTN Group Chief Executive Officer Ralph Mupita to the board of its fertilizer business as the company prepares to expand operations and pursue a listing in Nigeria. Dangote Fertiliser Ltd. Managing Director Vishwajit Sinha confirmed Mupita’s appointment in an email response to questions, according to Bloomberg News. The move comes as Dangote Industries, owned by Africa’s richest man Aliko Dangote, positions its fertilizer unit for growth and greater access to capital markets. The planned expansion and potential initial public offering would mark another major step in the conglomerate’s strategy of scaling its industrial businesses across Nigeria…
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