Tag: Aliko Dangote

World’s richest Black person Aliko Dangote eyes $100 billion empire on oil, fertilizer

Aliko Dangote is targeting a $100 billion business empire by 2030 through major investments in refining, fertilizer and cement.

Omokolade Ajayi Omokolade Ajayi

Africa’s 10 richest billionaires now worth $106.4 billion after $6.2 billion gain

Africa’s top 10 billionaires see their combined wealth jump to $106.4 billion, driven by massive stock market gains from Aliko Dangote and BUA Group.

Omokolade Ajayi Omokolade Ajayi

10 richest African billionaires in July 2026

Africa’s 10 richest billionaires in July 2026 as Aliko Dangote, Johann Rupert and others grow their fortunes.

Omokolade Ajayi Omokolade Ajayi

Africa’s richest man Aliko Dangote loses $743 million in 24 hours

Africa’s richest man Aliko Dangote suffers a $743 million setback as NGX sell-offs trim his fortune to $33.5 billion.

Omokolade Ajayi Omokolade Ajayi

Dangote Group, Tanzania discuss multibillion-dollar investments in energy and fertilizer 

Dangote Group Tanzania investment expands into energy, fertilizer and infrastructure after talks with Tanzania leadership.

Timilehin Adejumobi Timilehin Adejumobi

Africa’s richest man Aliko Dangote loses $2.6 billion in less than one month

A broad Nigerian stock market sell-off erases $2.6 billion from Aliko Dangote's fortune in less than a month as cement shares tumble.

Omokolade Ajayi Omokolade Ajayi

Nigerian stock selloff wipes $1.2 billion from Aliko Dangote’s net worth

A 10 percent plunge in Dangote Cement shares drove a $2.64 billion market loss, marking the sharpest one-day drop for Nigerian equities in 2026.

Omokolade Ajayi Omokolade Ajayi

Africa’s richest man Aliko Dangote’s refinery cuts petrol, diesel, jet fuel prices

Aliko Dangote’s refinery has slashed domestic fuel prices in Nigeria following a decline in global crude costs spurred by a United States-Iran interim peace agreement.

Omokolade Ajayi Omokolade Ajayi

Aliko Dangote secures AFC backing for $7 billion fertilizer expansion in Nigeria, Ethiopia

Dangote Industries partners with AFC for a $7 billion fertilizer expansion to scale output across Nigeria and Ethiopia.

Omokolade Ajayi Omokolade Ajayi

Dangote Refinery valued at $39.1 billion in private placement as it seeks fresh capital

Dangote Petroleum Refinery is valued at $39.1 billion in a private placement aiming to raise about $1 billion in fresh capital.

Omokolade Ajayi Omokolade Ajayi

Aliko Dangote’s plant boosts Nigeria’s fertilizer exports past $1 billion in Q1 2026

Nigeria's fertilizer exports topped $1 billion in Q1 2026, driven by Aliko Dangote's plant as urea outpaced major petroleum products.

Omokolade Ajayi Omokolade Ajayi

Aliko Dangote’s net worth nears $40 billion as refinery eyes $50 billion IPO

Aliko Dangote’s wealth nears $40 billion as a planned $50 billion refinery IPO draws strong global investor interest and massive capital requests.

Omokolade Ajayi Omokolade Ajayi