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Tag: Aliko Dangote

Dangote names Lekki refinery road after Wigwe
Business

Dangote begins work on 10,000-hectare deep seaport in Ogun

Dangote Industries Limited has begun preliminary steps toward developing a 10,000-hectare deep seaport at the Olokola Free Trade Zone in Ogun State, as part of its wider push into maritime infrastructure, logistics, and export-led industrial development. The company said the multi-billion-dollar project aligns with its Vision 2030 strategy, which aims to establish the group as […]

featured Food

Dangote pledges massive fertiliser push for Africa food security

President of the Dangote Group, Aliko Dangote, has reaffirmed his commitment to boosting food security across Africa through large-scale fertiliser investments. He declared that the continent has the capacity to feed itself and become a net exporter of agricultural products. Dangote made this known while addressing journalists in Gode, in Ethiopia’s Somali region. The occasion […]

featured Investment

Dangote boosts Ethiopia fertiliser investment to over $4bn

The President of Dangote Industries Limited, Aliko Dangote, received a hero’s welcome in Gode, Ethiopia, on a visit tied to his group’s fertiliser plant project in the country. He was hosted by Prime Minister Abiy Ahmed. Both men visited the construction site of the proposed facility on Sunday. Ethiopia signed a shareholders’ agreement with Dangote […]

Oil and Gas

Why we rejected NNPCL’s bid to increase stake in refinery — Dangote

President of the Dangote Group, Aliko Dangote, has disclosed that the company turned down efforts by the Nigerian National Petroleum Company Limited to raise its 7.25 per cent equity holding in the Dangote Petroleum Refinery. The PUNCH reported that Dangote made the revelation during an interview with Nicolai Tangen, the chief executive officer of the […]

Business

Dangote rejects NNPC bid to raise 7.25% stake in refinery

The President of the Dangote Group, Alhaji Aliko Dangote, has revealed that the company turned down a request by the Nigerian National Petroleum Company Limited to increase its 7.25 per cent equity stake in the Dangote Petroleum Refinery. Dangote made the disclosure during an interview with the Chief Executive Officer of the Norwegian Sovereign Wealth […]

Business

Dangote eyes $50bn listing as oil prices strengthen

Africa’s richest man, Aliko Dangote is aiming for a valuation of up to $50 billion for his planned refinery listing this year, buoyed by stronger oil prices. This was disclosed in a Bloomberg report, citing people familiar with the matter. Dangote Petroleum Refinery & Petrochemicals FZE could float as much as a 10 per cent […]

Business

Dangote, Norwegian sovereign wealth fund explore major investment ties

The President/Chief Executive of the Dangote Group, Aliko Dangote, has met with Nicolai Tangen, CEO of Norges Bank Investment Management, the world’s largest sovereign wealth fund manager with assets of about $1.9 trillion. During the high-level talks, the Norwegian investment institution signaled strong interest in partnering with the Dangote Group to deepen its investments across […]

featured

Dangote unveils 20,000MW generation ambition

The chairman of Dangote Group, Aliko Dangote has said he plans to expand into 20,000 megawatts of power generation, while defending his more than $20 billion refinery project as evidence that large-scale industrial investments are achievable in Africa. Dangote made the comments during a podcast hosted by the Managing Director of the International Finance Corporation, […]

featured Life Style

Dangote denies rift with Elumelu over refinery financing claims

The Dangote Group has denied any rift with billionaire businessman Tony Elumelu, warning content creators, organisations, and digital platforms against the spread of misinformation and AI-generated advertisements using its brand and leadership. The warning was conveyed in a statement by Anthony Chiejina, Group Chief Branding and Communications Officer at Dangote Industries Limited, following a viral […]

Helth

Dangote urges govt, private sector partnership to eliminate malaria globally

Chairman of Nigeria’s National Malaria Elimination Council and United Nations Malaria Ambassador, Aliko Dangote, has urged governments and the private sector to urgently intensify coordinated efforts to eliminate malaria, describing the present period as critical in the global fight against one of the world’s deadliest diseases. Speaking to mark the 2026 World Malaria Day, Dangote […]

Business

Saudi envoy, Dangote explore partnerships in energy, infrastructure

Yousef bin Mohammed Al-Balawi, Saudi Arabia’s ambassador to Nigeria, has held talks with Aliko Dangote, chairman of the Dangote Group, on potential investments in the energy and infrastructure sectors. The meeting took place on Friday at the ambassador’s residence in Abuja’s diplomatic quarter and was aimed at strengthening economic ties between both countries, According to […]

Opinion

Foreign interests hindering Africa’s refineries, Dangote warns

Africa’s richest man and President of Dangote Group, Aliko Dangote, has said that entrenched foreign interests are undermining Africa’s industrial development and slowing the continent’s push toward economic self-sufficiency. Dangote made the remarks while speaking at the Investing in Africa Forum, held on the sidelines of the ongoing IMF/World Bank 2026 Spring Meetings in Washington […]

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