Trafigura Group, a multinational commodity trading company headquartered in Singapore, has been awarded the contract for the inaugural shipment.
Africa's richest man
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The primary cause behind this abrupt plunge in Dangote’s wealth is attributed to the revaluation of his assets, triggered by the recent …
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This is attributed to the Central Bank of Nigeria’s decision to unify the country’s multiple exchange rates, introducing the FX-managed float system …
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The complex will initially focus on producing diesel, aviation fuel, and gas, with petrol production planned for a later stage.
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U.S. billionaires team up with Africa’s richest man to back $500-million Africa-focused fund
American billionaires David Rubenstein and Bill Conway are not the only heavyweights participating in this venture.
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Rupert, Africa’s wealthiest individual, holds a 6.87-percent stake in Remgro, valued at more than $357.2 million.
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Dangote owns several valuable, privately-held, unquoted companies that add hundreds of millions of dollars to his wealth.