Tag: dangote
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From cement to refineries: Has Nigerian billionaire Aliko Dangote found the secret to success in Africa?
Nigerian entrepreneur Aliko Dangote bets billions on Africa’s future. The expansion of his industrial empire on the continent is unprecedented. Has Dangote cracked the code to business success in Africa, and if so — how?
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African leaders herald $16B Dangote oil refinery in Kenya
An oil refinery on Kenya’s coast is expected to be completed in 40 months, and will process an estimated 700,000 barrels of oil per day. Africa’s richest man, Aliko Dangote, will lead the project.
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Aliko Dangote to launch Kenya oil refinery amid land protest in Lamu
The Kenya refinery is part of Dangote’s ambitious bid to expand and help industralise Africa by 2030.
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Aliko Dangote, Ethiopia and Djibouti to build $600m fuel pipeline
The pipeline would strengthen energy security in landlocked Ethiopia, while creating jobs at Djibouti’s port.
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Dangote refinery: Share-buying frenzy makes oil barons out of Nigerians
Many Nigerians buy their first ever shares – in the oil refinery owned by Africa’s richest man, Aliko Dangote.
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Dangote IPO tests Nigeria’s fintech infrastructure as investor demand overwhelms platforms
LAGOS, Sept 17 : Several Nigerian digital investment platforms suffered outages as retail investors rushed to buy shares in Dangote Petroleum Refinery, highlighting the strain Africa’s largest-ever share sale is placing on fintech infrastructure.Regulators and market participants have urged first-time investo
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Africa’s richest man Dangote’s IPO out of reach in Nigeria
Dangote seeks $1.6 billion from investors to finance a $14.3 billion expansion and thus double the oil refinery’s capacity. The offer could give millions of Nigerians a stake in the company. But who can truly afford it?
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Dangote refinery: Nigerians buying into Africa’s biggest share sale
Nigerian billionaire Aliko Dangote says he wants ordinary people to share in the success of his oil refinery.
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IPO ‘for the people’ is out of reach for many in Nigeria
Dangote seeks $1.6 billion from investors to finance a $14.3 billion expansion and thus double the oil refinery’s capacity. The offer could give millions of Nigerians a stake in the company. But who can truly afford it?
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Kenya: What Dangote’s new refinery means for East Africa
Is Kenya Africa’s next major energy hub? A plan from Dangote Industries to build a massive refinery off the country’s coast could reshape fuel supply, trade and economic growth across East Africa.
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