Dangote Industries acquired a 25% stake in Kenya Pipeline Co. for $327 million to expand its petroleum distribution network. This investment supports Dangote's $16 billion Lamu refinery project aimed
bloomberg · 2026-10-21 02:40
Dangote Industries confirmed a $17 billion cost for a new 700,000 barrel-a-day refinery in Kenya, scheduled to start construction this year. The facility aims to reduce Africa's fuel import dependence
bloomberg · 2026-07-07 05:39
Dangote Industries plans additional dollar bond issuances to fund expansion in fertilizer, oil refining, and cement sectors following a $750 million private placement. The conglomerate targets $40 bil
bloomberg · 2026-05-07 00:03