Africa's richest man, Aliko Dangote, to triple fertilizer output in Nigeria
Aliko Dangote aims to triple Nigeria’s fertilizer output to 9 million tons, expanding operations and boosting exports.
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Aliko Dangote aims to triple Nigeria’s fertilizer output to 9 million tons, expanding operations and boosting exports.
Dangote Refinery says it will pump 1.5 billion litres of petrol a month from December to keep Nigeria wet through the holidays.
Aliko Dangote is expanding fertilizer capacity in Nigeria and Ethiopia, contracting global engineering firms to boost urea output and strengthen Africa’s food supply.
The deals, sealed yesterday, mark a major step in his effort to secure Africa’s fuel supply and reduce the region’s dependence on imports.
Africa’s richest man Aliko Dangote sees $1.4 billion drop so far in November amid share price declines.
Aliko Dangote’s Group presses ahead with refinery expansion to 1.4 million barrels per day despite tariff delay.
The deal covers a new fertilizer plant and a 2,000-kilometer pipeline running from Namibia’s Walvis Bay port, through Botswana, to Bulawayo, Zimbabwe’s second-largest city.
Dangote begins a $700 million sugar expansion aimed at boosting local output and cutting Nigeria’s import dependence.
Aliko Dangote’s wealth falls below $30 billion after a decline in Dangote Cement shares amid investor caution and tax policy concerns.
Dangote Fertilizer signs a deal with Germany’s thyssenkrupp Uhde to boost Nigeria’s urea capacity and strengthen food security.
Aliko Dangote will visit Zimbabwe to close in on a $1 billion industrial complex spanning cement, coal and power after months of talks.
Aliko Dangote’s refinery lowers petrol price by 5.6 percent, easing costs for motorists ahead of the holidays.
NNPC aims for a 20 percent stake in Aliko Dangote’s $20 billion refinery to strengthen Nigeria’s refining capacity.
Dangote Cement and MTN Nigeria are in a tight race to become the first Nigerian company to hit a record N1 trillion profit in 2025.
Dangote refinery lifts output above demand and pledges stable petrol and diesel prices across Nigeria.
Oando blames a $450 million revenue fall on Dangote’s $20 billion refinery as it shifts focus to crude and gas trading.