Tag: Aliko Dangote

Aliko Dangote, Africa's richest man and Dangote group President
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World’s richest Black person Aliko Dangote’s refinery targets $5 billion listing after $2.5 billion pitch

Aliko Dangote targets a $5 billion refinery IPO after a $2.5 billion private placement as the mega refinery prepares to list.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote, Africa's richest man and Dangote group President
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Aliko Dangote’s sugar company swings to $30.4 million first-half profit

Dangote Sugar returned to profit in the first half as lower costs offset weaker sales, lifting earnings and strengthening its balance sheet.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote and Sinoma Chairman Lin Zhong.
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Dangote, Sinoma sign $800 million deal to expand Itori Cement Plant 

Dangote signs $800 million deal to double Itori Cement Plant capacity to 12 million tonnes annually.

Timilehin Adejumobi Timilehin Adejumobi
Aliko Dangote, Africa's richest man and Dangote group President
BusinessHot News

Africa’s richest man Aliko Dangote’s Dangote Cement posts $470 million half-year profit as African exports jump

Dangote Cement reports a $470 million half-year profit driven by a 62 percent surge in African exports and stronger regional sales.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote, Africa’s richest man and founder of Dangote Group.
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Africa’s richest man Aliko Dangote’s seasoning business posts $14.4 million half-year profit

Aliko Dangote-backed Nascon posts $14.4 million half-year profit as stronger margins and lower finance costs lift earnings.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote, Africa's richest man and Dangote group President
BillionairesBusinessHot News

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 in July 2026
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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
Africa’s 10 richest billionaires in July 2026
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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.
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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
Aliko Dangote & Tanzania's president
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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
Aliko Dangote, Africa’s richest man and founder of the Dangote Group
Hot NewsBillionairesBusiness

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
Africa’s richest man, Aliko Dangote.
Hot NewsBillionairesBusiness

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