Nigerian billionaire Aliko Dangote wins Kenya case over $16 billion refinery
A Kenyan tribunal has dismissed a consumer group's challenge to Nigerian billionaire Aliko Dangote's planned $16 billion oil refinery in the coastal county of Lamu.
Aliko Dangote
Nigerian billionaire Aliko Dangote in talks to supply fuel to Botswana
Botswana has held talks with Nigerian billionaire Aliko Dangote on fuel from his refinery, as the landlocked nation seeks new sources after a price shock.
Nigerian billionaire Aliko Dangote's $327 million Kenya pipeline deal gets president's backing
Kenya's President William Ruto hit back at critics of Aliko Dangote's Kenya Pipeline stake, which has gained about $45 million as the shares surged.
Africa's richest man pulls his fertiliser IPO forward to next year
Aliko Dangote told investors in Nairobi he hopes to list Dangote Fertiliser next year, a year earlier than the 2028 date he gave last week.
Nigeria's four billionaires are running the playbook that built industrial America
Dangote, Adenuga, Rabiu and Otedola are running versions of the playbooks Rockefeller, Ford, Carnegie and Morgan used to build America.
Aliko Dangote sets 2028 IPO for fertilizer arm he says will be the world's biggest
Aliko Dangote says his fertilizer business will hold an IPO in 2028, once an expansion to 12 million tons a year makes it the world's largest urea producer.
Aliko Dangote plans $17 billion refinery on Kenya's Lamu Island to end East Africa's fuel imports
Africa's richest man Aliko Dangote has selected Kenya's Lamu Island as the site for a $17 billion refinery that would transform East Africa's fuel supply.
Aliko Dangote says the oil mafia tried to kill his refinery. He built it anyway with 67,000 workers during a pandemic
Aliko Dangote has revealed that an oil mafia blocked his $20 billion refinery for five years, tried to push it into loan default during COVID, and mobilized 67,000 workers to build what Africa had never seen before.
Nigeria cleared its pension funds to invest in Aliko Dangote's refinery IPO and now he says the listing will democratise African wealth
Nigeria's pension regulator granted a one-off waiver allowing pension funds to invest in the Dangote Refinery IPO, as Dangote told South African pension chiefs the listing will democratise African wealth.
Africa's richest man picks Kenya over Tanzania for a $17 billion refinery
Aliko Dangote has shifted his preferred site for a $15-17 billion East African refinery from Tanzania's Tanga port to Kenya's Mombasa.
Aliko Dangote is eyeing Ethiopia's new stock exchange, and his refinery IPO could make history there too
Aliko Dangote is considering listing his refinery on the Ethiopian Securities Exchange as part of a pan-African IPO push that could reshape capital markets across the continent.
Africa's richest man set to pocket $485 Million dividend from cement giant
Aliko Dangote is poised to collect about $485 million in dividends after Dangote Cement proposed a N45 per share payout for 2025.
Aliko Dangote says his refinery can meet Nigeria’s petrol demand and export up to 20 million litres daily
Aliko Dangote says his refinery will supply up to 65 million litres of petrol daily, leaving surplus fuel for export.
Dangote Cement makes capital market history with first commercial paper listing on Nigerian Exchange
Dangote Cement has become the first company to list commercial papers on the Nigerian Exchange, marking a major milestone for Nigeria’s capital market and expanding funding opportunities for large corporates.
Dangote signs $400 million deal with XCMG China to speed refinery expansion to 1.4 million barrels a day
Dangote Group signed a $400 million equipment agreement with China’s XCMG, aiming to speed refinery expansion and scale petrochemicals and fertilizer output.
Aliko Dangote seeks Sassou Nguesso’s support for Congo potash project
Aliko Dangote has approached Congo’s president about backing a potash mining project as he looks to secure fertiliser inputs regionally.