6 articles
Aliko Dangote reported enormous investor demand for the $1.6 billion Lagos refinery IPO, aimed at doubling capacity to 700,000 barrels per day. Regional governments will also participate in funding th
Nigerian billionaire Aliko Dangote launched Africa's largest IPO for his $47 billion oil refinery to fund expansion. The facility processes 700,000 barrels daily and aims to double capacity by 2029 wh
Aliko Dangote initiated infrastructure talks with Tanzania as part of a $40 billion African expansion plan involving new refineries and fertilizer complexes. The investments aim to reduce regional rel
Aliko Dangote is evaluating multiple East African locations for a $17 billion refinery project to enhance regional fuel security, receiving government support from Uganda and Tanzania.
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
Tanzanian President Samia Suluhu Hassan rebuked Kenyan President William Ruto over an unconsulted joint refinery plan in Tanga. The 650,000-barrel daily facility, backed by Aliko Dangote and Ugandan c
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