Nigerian tycoon Aliko Dangote invests $25 billion in oil, cement, and sugar in seven years
Nigerian billionaire Aliko Dangote announces over $25 billion in investments across oil, cement, and sugar sectors, aiming to bolster Africa's self-sufficiency and economic potential.
Related
Dangote Cement to issue new bond series under $180.5 million program
The move aims to bolster the company’s financial strength and improve operational efficiency.
BP, Vitol, Trafigura drive sales at Dangote Oil Refinery, redefining Africa’s oil market
British oil giant BP, Swiss-based Vitol, and Singapore’s Trafigura lead sales from the Dangote Oil Refinery as Africa’s largest oil plant reshapes market.
Dangote Group commits $280 million to CNG technology for Nigeria’s low-carbon future
The move aligns with President Bola Tinubu’s push to make gas central to Nigeria’s low-carbon economy.
Dangote Cement exports 22 clinker shipments to Ghana and Cameroon
Dangote Cement supports regional construction, exports 22 shipments of clinker to Ghana and Cameroon in first nine months of 2024.
Latest
Sanlam, Ninety One finalize $275.7-million asset management deal
The agreement, valued at R5 billion ($275.7 million), makes Ninety One the primary active investment manager for Sanlam.
Ghabbour family's GB Corp stake declines by $15.6 million in 28 days
The decline follows a previous gain of $12.3 million recorded between Sept. 17 and Oct. 11, when Ghabbour family’s stake rose from $190.39 million to $202.72 million.
LADOL’s $500-million investment drives Nigeria’s industrial growth
Ambitious expansion plans include job creation and economic diversification.
Wema Bank strengthens leadership with key executive appointments
Ajimisinmi and Bakare to drive strategic growth and innovation.