While Forbes positions Rupert as the richest man in Africa, with a net worth of $10.2 billion, Bloomberg’s estimations paint a different …
Aliko Dangote
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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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This Week In Review: A Snapshot of African Wealth Dynamics — Fortune of Swazi Legend Natie Kirsh On The Rise (Dec. 11 to 15)
A concise look at the most significant events in African wealth dynamics over the past week.
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The complex will initially focus on producing diesel, aviation fuel, and gas, with petrol production planned for a later stage.
- West & Central Africa
Nigerian billionaire Femi Otedola congratulates Africa’s richest man Aliko Dangote on refinery launch
Otedola congratulated Dangote on the launch of the Dangote Oil Refinery, a $20-billion project.
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This comes shortly after the mega refinery received its license to refine over 300,000 barrels of Nigerian crude daily in November.
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The Dangote Oil Refinery is set to receive its first cargo of 6 million barrels from the Nigerian National Petroleum Corporation Limited …
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The IEA recently commended Dangote and his refinery as a transformative force poised to drive oil demand growth in the coming decade.
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Dangote’s $800-million wealth surge and net worth recovery stand out as the Nigerian naira gains momentum, reclaiming ground on the official market.
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At a Saudi-Nigeria business roundtable in Riyadh, Dangote emphasized the refinery’s commitment to initiating operations with Nigerian crude.