
Aliko Dangote's mega refinery ends Nigeria’s era as Africa’s top fuel importer
The $20 billion refinery, the largest in Africa and the world’s biggest single-train facility, has reduced Nigeria’s need for imported petrol.
The $20 billion refinery, the largest in Africa and the world’s biggest single-train facility, has reduced Nigeria’s need for imported petrol.
The move marks a major milestone for Nigerian industrial exports as the country shifts from import dependence to value-added manufacturing.
The latest delivery, discharged by the vessel Hercules, comes ahead of another 125,000-tonne shipment expected via the Sienna.
The boost further cements his position as Africa’s second-richest person, behind Nigerian industrialist Aliko Dangote.
This reflects the growing appeal of Kenya’s tourism sector to international investors.
Dangote Sugar expands into Ghana with a $162 million project to reduce imports, boost agro-industrial output, and support local supply under AfCFTA.
Aliko Dangote reaffirms his $30 billion revenue target by 2026, undeterred by shifting U.S. tariffs and global trade tensions under Donald Trump.
The strong performance expands its lead as Nigeria’s top food conglomerate.
Before Aliko Dangote became Africa’s richest man, he quietly built a trading empire in Nigeria, mastering supply chains and laying his industrial legacy.
The 2020 Bombardier Global 7500 stands as the epitome of modern business aviation, known for its outstanding range, sleek design, and unrivaled comfort.
Aliko Dangote is selling his 2020 Bombardier Global 7500, a high-end private jet with 1,527 flight hours and 487 landings.
Despite challenges, Dangote Cement's revenue grew 21.7%, reaching N994.7 billion ($618.3 million), up from N817.35 billion ($508.4 million).
The program is aimed at helping low-income families cope with the harsh economic climate and rising cost of living.
This comes despite global interest in his $20 billion Dangote Oil Refinery, one of Africa’s most ambitious projects.
The growth was fueled by higher sales of Premium Motor Spirit (PMS), Automotive Gas Oil (AGO), Aviation Turbine Kerosene (ATK), and lubricants.
Beyond the local market, the refinery has expanded its reach across Africa, supplying diesel and aviation fuel to Cameroon, Angola, Ghana, and South Africa.