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Meet The First Nigerian To Acquire Toyota And Ford Dealerships In USA

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Meet The First Nigerian To Acquire Toyota And Ford Dealerships In USA

Faith Toyota and Ford Franchise/Dealership in Westminster, State of Vermont, United States of America is a unique and historical car dealership shop. It is a legacy investment in the automobile industry in the United States of America because there are only 1,500 Toyota and Lexus dealerships in United States of America. Out of which 30 are owned and operated by African Americans (blacks). This multi-million dollar automobile shop is owned by a Nigerian diaspora from Imo State, Southeast of Nigeria.
Mr Faith Mba is a Nigerian that emigrated to United States of America barely seventeen years ago. He left the shores of Nigeria in 2002 to The Netherlands. After two years stay in Holland, he relocated to The United States of America.
According to Autonew.com , (the leading source of news about the global automotive industry), Mr Faith Mba’s journey to owning a Toyota-Ford dealerships in Vermont spanned three continents, beginning at a street market in Nigeria where he hawked women’s clothing with his mother. He worked for a few years in the Netherlands, where he had his first stint in automobile industry, customer service and public relations. Mr Mba also utilized the opportunity while in Holland to develope his proficiency in both Dutch and German languages.
In 2004, he relocated to the North-Eastern town of Spofford, New Hampshire to join his wife. His inherent abilities enhanced his adaptability in his new environment. It was here that Mba, knowing where his passion lies, secured a job in a Kia and Ford dealership shop in the town as a trainee paid salesman.
His venture into the automotive industry as a trainee staff was greeted with scepticism at least from his new American family. However, he was focussed and convinced that he was in the right occupational environment.
He reminisces on his mother’s prophetic counsel that if he pursued a career in sales, life will go well for him which fired up his conviction. In addition, his Nigerian ethnic group, ‘Igbo’ are exceptionally gifted in making a living out of trade and commerce. Equipped with his inner assurances, he started to develop a vision to become a prominent player someday in the automotive industry.
Faith was eventually promoted to a manager within few years of working in the Company due to his prodigy in the job. Mba continued to work his way up, eventually working as finance director at Toyota and Ford in Greenfield, Mass. He later accepted a position as finance director at a car dealership in Boston, commuting 228 miles (367 Kilometers) a day, before deciding to open his own business.
“America is a wonderful place, and if you work hard and stay focused you will reap success,” said Mba. “You don’t have to own a business, but you must have a good work ethic with whatever you do.”
His growth in the automotive industry was not a smooth ride being a black immigrant with strong accent, not everyone wanted to do business with him. He faced the tough reality as he recalled one instance while working at a Ford store in Brattleboro, Vermont, when a man came to check out a pickup. The man brought his mother to co-sign, Mba said, so he was ready to buy. Mba greeted them and retrieved the vehicle, but after a test drive, they abruptly left. The manager was upset, thinking Mba had blown the deal. Then the phone rang.
The man said he wanted the truck but didn’t want to buy from “the Black guy.” Instead of turning him away, the store had another salesperson handle the deal. The buyer’s wife apologized, as did Mba’s manager. The unpleasant experience instead of being an impediment to his vision, invigorated, stimulated and emboldened him to stay focussed. “The issue of acceptance was there at the beginning,” he said, “but you have to find a way to fight through.”
In 2016, Mba acquired Ford motor Company dealership in Brattleboro near New Hampshire.
In 2018, he acquired a dualed Toyota-Ford showroom Westminster, Vermont and sold his single-point Ford store. He is currently constructing a 40,000-square-foot (12,200 square meters) facility to comfortably house his Ford and Toyota franchises.
Mr Mba is happily married and grooming his 14-year-old son, who works in the office twice a week, to take over the business in the future.
“Don’t look for that perfect dealership, don’t look for that perfect city,” Mba said. “We cannot have everything at the same time. You can grow to make it perfect, you can grow to make it your home. Take that faith and run with it. Follow your instincts and look for a place where you can grow.”, Faith advises prospective automotive industry investors especially the minority group.
Faith Toyota and Ford dealerships in Westminster has severally surpassed it’s sales projection. With staff strength of 100 permanent workers and about 50 part-time workers, Faith Toyota and Ford is an ‘American dream’ come true.
Remarkably, Mba is giving back to the Community that welcomed him and gave him the opportunity to be what he is today. He has created numerous jobs for the Community and established window of job opportunities for them. “The people are very friendly and very nice, and the community has been great,” said Mba. “I’ve made sure that all of our employees are locals that live in Vermont or New Hampshire. We are still looking for more people because sales are so impressive, and service is so busy that we need more mechanics.”
Mba has gone out of his way to engage with the community by volunteering Faith’s Toyota-Ford as a United Way sponsor, and has been welcomed by the Brattleboro Chamber of Commerce.
Back in Nigeria, he is constructing a public Primary School in his village in Imo State. He has other outreach projects he intend to execute in Nigeria in the coming days.
Meet The First Nigerian To Acquire Toyota And Ford Dealerships In USA

https://www.youtube.com/watch?v=RR0fiIlW00M&t=20s

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Aare Adetola EmmanuelKing Felicitates Olofin of Ilisan Remo on 86th Birthday

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Aare Adetola EmmanuelKing Felicitates Olofin of Ilisan Remo on 86th Birthday

 

The Borokinni of Ilishan Remo, Sir Aare Adetola EmmanuelKing KOF, has extended warm birthday felicitations to the Olofin of Ilisan Remo, His Royal Majesty, Oba (Dr.) Barr. Michael Olufemi Mojeed Sonuga Daniyan II, as the revered monarch celebrates his 86th birthday anniversary.

In a statement released to commemorate the royal father’s birthday, Aare Adetola EmmanuelKing described the monarch as a symbol of peace, wisdom, progress, and exemplary royal leadership, whose reign has continued to bring honor and development to Ilisan Remo.

According to him, since ascending the revered throne of his forefathers, the Olofin has consistently demonstrated purposeful leadership and unwavering commitment to the unity, growth, and cultural advancement of the kingdom, while fostering peace and harmony among the people.

He further noted that the monarch’s reign has inspired pride and confidence among indigenes of Ilisan Remo both at home and in the diaspora, adding that Kabiyesi’s dedication to community development and preservation of tradition remains highly commendable.

The Borokinni prayed for continued divine grace, sound health, long life, and greater wisdom for the royal father as he continues his impactful reign on the throne of his ancestors.

“On behalf of my family, associates, and well-wishers, I heartily congratulate His Royal Majesty, Oba (Dr.) Barr. Michael Olufemi Mojeed Sonuga Daniyan II, the Olofin of Ilisan Remo, on the joyous occasion of his 86th birthday. May Almighty God continue to strengthen Kabiyesi with peace, sound health, and many more years of fruitful reign,” he stated.

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Aliko Dangote Foundation, WEF Unveil 2026 YGL Aliko Dangote Fellows

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Titans and Trailblazers: Nigeria’s Great Entrepreneurs from Abiola to Dangote — The Story of Wealth, Influence, and National Impact. By George Omagbemi Sylvester | Published by saharaweeklyng.com 

Aliko Dangote Foundation, WEF Unveil 2026 YGL Aliko Dangote Fellows

…Spotlighting Africa’s Next Generation of Change Leaders

 

 

 

World Economic Forum (WEF) in partnership with the Aliko Dangote Foundation (ADF) has announced the 2026 cohort of the Young Global Leaders (YGL) Aliko Dangote Fellows, highlighting a new generation of African leaders committed to expanding opportunity and strengthening institutions across the African continent.

 

 

 

The Fellowship serves as a critical bridge between Africa’s emerging changemakers and the global Young Global Leaders network, fostering collaboration, knowledge exchange, and sustainable development. The YGL Aliko Dangote Fellowship supports high-impact African leaders by enabling their full participation in the Forum of Young Global Leaders (YGL) programme and broader WEF activities.

 

WEF said the 2026 YGL Aliko Dangote Fellows represent diverse professional backgrounds spanning healthcare, technology, entrepreneurship, and advocacy across sub-Saharan Africa. The newly selected fellows are Dr. Esperance Luvindao; Charlot Magayi, Founder of Mukuru Clean Stoves; Rewa Udoji, Founder of Cranstoun; Dr. Stephen Modise; Dr. Musa Kika; Hatim Eltayeb; Kemi Lala Akindoju; and Vimbai Masiyiwa.

 

 

 

With a strong emphasis on empowering women leaders, the Fellowship is designed to support Africans shaping solutions to pressing social and economic challenges while strengthening leadership capacity across key sectors.

 

 

 

Over the past 14 years, the Aliko Dangote Foundation–powered Fellowship has supported more than 130 young African leaders, providing access to Davos meetings, executive education opportunities, and influential peer networks that amplify African voices on the global stage.

 

 

 

Commenting on the announcement, Fatima Aliko Dangote, Trustee of the Aliko Dangote Foundation and Group Executive Director, Oil & Gas, Dangote Industries Limited, described the 2026 fellows as “leaders who will expand opportunity and strengthen institutions, advancing Africa on its own terms.”

 

She added: “Africa’s future will be defined by the strength of its people. When the right leaders—especially women—are empowered and given a global voice, they do not just lead; they reshape what is possible. That is why we invest in people: because it is the surest path to lasting global prosperity, stability, and self-determination. The 2026 cohort embodies this vision.”

 

According to her: the 2026 YGL Aliko Dangote Fellows represent that future leaders who will expand opportunity and strengthen institutions, advancing Africa on its own terms while helping define a world whose future will be shaped by the continent.

 

 

 

 

 

She explained that the idea behind the YGL Aliko Dangote Fellowship is to cultivate, empower, and support exceptional African leaders under 40, ensuring they have the resources to participate in the World Economic Forum (WEF)’s Young Global Leaders (YGL) community. It specifically aims to accelerate their impact on the continent and globally.

 

 

 

 

 

Details of the new fellows in the announcement indicated that; Hatim Eltayeb, is the Chief Executive Officer of African Leadership Academy, strengthening one of the continent’s most important leadership institutions; Dr Esperance Luvindao, Namibia’s Minister of Health and Social Services, combining clinical experience with digital health and grassroots innovation; Charlot Magayi, the Kenyan founder of Mukuru Clean Stoves, linking clean energy, public health and livelihoods; Dr Stephen Modise, Botswana’s Minister of Health, bringing a data-driven approach to public health reform.

 

 

 

 

 

Dr Musa Kika, Executive Director of the Institute for Human Rights and Development in Africa, using law to defend constitutionalism and civic space; Rewa Udoji, the Nigerian artist and finance professional whose work bridges culture, capital and women’s economic literacy; Kemi Lala Akindoju, the Nigerian producer and actor helping reshape the creative economy through talent development, financing and more grounded storytelling; and Ms Vimbai Masiyiwa, co-founder and Chief Executive Officer of Batoka Africa, building a model of tourism rooted in sustainability, community ownership and women’s empowerment. Together, they reflect the range of leadership the fellowship is designed to support public leaders, entrepreneurs, institution-builders and cultural actors already shaping systems in very different ways.

 

 

 

It would be recalled that Aliko Dangote YGL Fellowship has supported more than 90 Fellows from over 25 African countries, thus enabling full participation in the World Economic Forum’s Young Global Leaders programme through access to convenings, executive education, peer networks and global platforms.

 

Over that period, Fellows have taken part in more than 400 engagements across Annual Meetings, regional summits and learning modules, contributing to debates on finance, climate, health, technology and governance.

 

 

 

 

 

 

 

 

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Norwegian Sovereign Wealth Fund Eyes Partnership with Dangote Group on Africa Investments

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Norwegian Sovereign Wealth Fund Eyes Partnership with Dangote Group on Africa Investments

 

The President/Chief Executive of Dangote Group, Aliko Dangote has held a high-level meeting with Nicolai Tangen, the Chief Executive Officer of Norges Bank Investment Management, the world’s largest sovereign wealth fund manager, overseeing assets valued at approximately $1.9 trillion.

 

At the meeting, the Norwegian investment institution expressed strong interest in partnering with Dangote Group to expand its footprint across the African continent, with a focus on strategic sectors including power, energy, renewables, agriculture, fertiliser and cement.

 

Also present at the meeting were Svein Tore Holsether, Chief Executive Officer of Yara International, one of the world’s leading fertiliser and agricultural companies, and Terje Pilskog, Chief Executive Officer of Scatec, a global renewable energy company.

 

The engagement shows growing global investor confidence in Africa’s industrial and infrastructure potential, as well as the increasing role of indigenous conglomerates such as Dangote Group in driving large-scale economic transformation.

 

For Dangote Group, the potential partnership represents a significant opportunity to deepen its investments across key sectors critical to Africa’s development, particularly in energy transition, food security and industrial capacity expansion.

 

The Norwegian sovereign wealth fund, widely regarded as a benchmark for global institutional investment, has in recent years shown increased interest in emerging markets, with Africa seen as a frontier for long-term value creation.

 

The collaboration between the fund and Dangote Group could unlock substantial capital flows into critical infrastructure and industrial projects, further accelerating economic growth and regional integration across the continent.

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