Tag: Aliko Dangote

Dangote Refinery opens $300 million IPO stake to East Africa

Dangote Refinery targets $300.4 million from East African investors through nearly 20 percent of its planned $1.6 billion IPO.

Omokolade Ajayi Omokolade Ajayi

Aliko Dangote’s $16 billion Kenya refinery faces fresh legal challenge

Aliko Dangote’s $16 billion Kenya refinery faces legal scrutiny over public funding, state guarantees, and disputed coastal land in Lamu.

Omokolade Ajayi Omokolade Ajayi

Nigeria’s Dangote Group amasses world’s largest fleet of 7,000 heavy machines

Dangote Group now commands the world’s largest fleet of nearly 7,000 heavy machines, driving massive refining projects across Africa.

Omokolade Ajayi Omokolade Ajayi

Dangote unveils $16 billion refinery plan for Kenya’s growing oil market

Dangote is investing $16 billion in a Kenya refinery designed to reduce East Africa’s fuel imports, create jobs and serve regional markets.

Oluwatosin Alao Oluwatosin Alao

Africa’s richest man Aliko Dangote targets $36 billion revenue in 2026

Aliko Dangote’s conglomerate targets $36 billion in revenue for 2026, doubling its 2025 earnings behind aggressive refining and energy expansion.

Omokolade Ajayi Omokolade Ajayi

Ruto moves to fast-track approvals for Dangote’s Kenya refinery   

Dangote Kenya refinery gets Ruto’s push to fast-track approvals ahead of the Sept. 30 Lamu groundbreaking.

Timilehin Adejumobi Timilehin Adejumobi

Dangote joins Ethiopia, Djibouti in $660 million oil pipeline

Dangote joins Ethiopia and Djibouti in a $660 million oil pipeline project designed to cut fuel logistics costs and strengthen energy security.

Oluwatosin Alao Oluwatosin Alao

Aliko Dangote targets $100 billion revenue with $45 billion investment plan

Aliko Dangote targets $100 billion in annual revenue by 2030 as Dangote Industries pursues a $45 billion investment plan.

Omokolade Ajayi Omokolade Ajayi

Aliko Dangote plans New York listing for $49 billion refinery after 2029 expansion

Aliko Dangote plans a New York Stock Exchange listing for his $49 billion refinery after expanding capacity to 1.4 million barrels a day by 2029.

Omokolade Ajayi Omokolade Ajayi

Aliko Dangote targets 2028 IPO for $3B fertiliser business

Aliko Dangote targets 2028 IPO for $3.02 billion fertiliser business

Omokolade Ajayi Omokolade Ajayi

Aliko Dangote plans $3.5 billion pipeline linking Namibia, Botswana, and South Africa

Dangote plans a $3.5 billion fuel pipeline linking Namibia, Botswana and South Africa as his refinery expands across Africa.

Omokolade Ajayi Omokolade Ajayi

Africa’s richest man Aliko Dangote eyes $60B fortune as refinery IPO opens

Aliko Dangote is targeting a $60 billion net worth as the $49 billion public listing of his mega-refinery opens to retail buyers.

Omokolade Ajayi Omokolade Ajayi