Dangote, 58, is listed as the 67th richest person in the world by Forbes, with business interests including sub-Saharan Africa's leading cement producer Dangote Cement and a net worth of more than $17 billion.
"He is showing interest in making an offer," Dangote's spokesman Anthony Chiejina said, referring to the London soccer club, one of the most successful in the Premier League.
"At the right time and at the right price he will make an offer," Chiejina said, adding that Dangote has been an Arsenal fan for more than 30 years.
(Reporting by Chijioke Ohuocha; Writing by Alexis Akwagyiram; Editing by Robin Pomeroy)
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