Three mega-projects backed by Dangote, Turkish investors put $40bn behind East Africa’s Indian Ocean trade ambitions
In Kenya, Aliko Dangote is backing a proposed $17 billion refinery and petrochemical complex in Lamu. Tanzania and Uganda are developing a $20 billion-plus energy hub at Tanga, while Somalia has confirmed plans for a nearly $4 billion Turkish-backed port, special economic zone and industrial project near Warsheekh
Aliko Dangote, Ethiopia and Djibouti to build $600m fuel pipeline
Nigerian billionaire Aliko Dangote has announced that he is helping to fund a new $660m (£500m) fuel pipeline between Ethiopia and Djibouti
Dangote urges African industrialists to invest capital in continent
Business magnate and Africa’s richest man, Aliko Dangote, has urged business owners to invest more capital in the continent to boost industrialisation instead of sending capital abroad
Dangote Plans Fertilizer IPO in 2028, Targets 12m Tonnes of Urea Production
President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has announced plans to list the group’s fertilizer business on the stock market in 2028
Dangote Refinery’s private placement drew $3.7 billion. Here’s why Dangote took only $2.5 billion
Speaking at the Qatar Economic Forum, powered by Bloomberg, Dangote said the company had initially planned to raise $1 billion through the private placement. However, demand reached $3.7 billion, allowing the refinery to take more than originally planned while still returning about $1.2 billion to investors
Aliko Dangote appointed Grand Patron of Global Entrepreneurship Festival 2026
The Global Entrepreneurship Festival, GEF, has appointed Africa’s foremost industrialist and President of the Dangote Group, Alhaji Aliko Dangote, as its Grand Patron
Dangote refinery: Share-buying frenzy makes oil barons out of Nigerians
At least that is what the social media memes would have you believe as investor fever hits the country
Investor stampede for Dangote Refinery shares crashed another of Nigeria’s most popular investment apps as Africa’s biggest IPO takes off
As retail subscription opened on the Nigerian Stock Exchange for the Dangote Petroleum Refinery and Petrochemicals FZE offering, an unprecedented stampede of retail buyers overwhelmed digital trading systems
How Dangote Refinery’s $49 billion valuation compares with global refining giants
The refinery is offering 4.1 billion shares at ₦525 each, implying an equity valuation of about ₦63 trillion, or $47.59 billion
Dangote reveals the business mistake that cost him billions 30 years ago after Chinese and Indian imports left nearly 8,000 workers jobless
Speaking in an interview with Arise TV’s Ojy Okpe, Dangote said his textile investments were among the businesses that left him with some of his most painful losses