Africa’s richest man, Aliko Dangote, plans to commit one-third of his estimated $36.5 billion fortune to philanthropic causes, making it the largest charitable commitment ever made...
Dangote Petroleum Refinery is reportedly nearing completion of a $2.5 billion private placement that values the company at about $40 billion ahead of its planned public...
Nigeria’s petrol importers are confronting tighter margins as international product prices and shipping costs rise, strengthening the competitive position of the Dangote Petroleum Refinery in the...
Dangote Industries Limited’s proposed oil refinery in Kenya has attracted fresh regional investment interest after Tanzanian billionaire Mohammed Dewji expressed his willingness to commit up to...
Dangote Industries Limited has commenced preliminary development activities for its planned 700,000-barrel-per-day oil refinery in Kenya. The project, which will be located in Lamu on Kenya’s...
Dangote Industries Limited has unveiled plans to invest an additional $46 billion across its refining, cement and fertiliser businesses over the next three years as it...
Nigeria’s billionaire class remains heavily concentrated at the top with only two Nigerians securing spots among the world’s 500 richest individuals, according to the latest global...
The Dangote Petroleum Refinery is preparing for a significant operational upgrade that will allow it to refine a much broader range of crude oil grades as...
Nigerian billionaire investor Femi Otedola has disclosed plans to invest $100 million in the upcoming public offering of the Dangote Petroleum Refinery months after stepping away...
The proposed listing of the Dangote Refinery is already drawing substantial investor attention months before its expected debut on the capital market with indications showing commitments...