Aliko Dangote's fortune hits $34 billion as refinery bets pay off
Aliko Dangote's fortune climbed to $34 billion this week, lifted by his industrial empire and bold new refinery ambitions across the African continent.
Aliko Dangote
Aliko Dangote's refinery now supplies 95% of Nigeria's jet fuel. Airlines say middlemen are still price-gouging
Aliko Dangote's refinery supplies more than 95% of Nigeria's aviation fuel and has exported 1.1 billion liters to Europe, even as airlines say fuel middlemen are pushing prices up by 300%.
Aliko Dangote pledges 95,000 jobs as refinery expansion targets 1.4 million barrels a day
Aliko Dangote has pledged 95,000 skilled jobs as he scales his Lagos refinery to 1.4 million barrels a day, on track to overtake India's Jamnagar.
Aliko Dangote hits $30 billion mark on Forbes billionaires ranking for the first time
Forbes has valued Aliko Dangote at $30.3 billion for the first time, as his producing refinery closes a persistent gap between the world's two top wealth trackers.
Aliko Dangote pledges N550 million hostel to FUTO
Aliko Dangote pledged N550 million to build a student hostel at FUTO and donated N25 million to students while commissioning a clean energy lab in Owerri, Imo State.
Africa's richest man Aliko Dangote offers to build East Africa a refinery as big as Lagos
Aliko Dangote has offered to build a refinery in Tanzania matching his Lagos plant's scale, with Kenya and Uganda backing the plan at a Nairobi infrastructure summit.
Africa's richest man, Aliko Dangote has added $3.21 billion to his fortune in 2026 and the refinery is just getting started
Aliko Dangote's net worth has climbed to $33.2 billion in 2026, a gain of $3.21 billion year-to-date, driven by his refinery's rising output and Nigeria's shift to net fuel exporter.
Aliko Dangote is taking his $40 billion refinery public across Africa and wants every African to own a share
Aliko Dangote is preparing a pan-African IPO for his refinery, valued at up to $50 billion, targeting listings across multiple African exchanges as early as June 2026.
Aliko Dangote's sugar company just got shareholders' backing for one of Nigeria's largest ever rights issues
Shareholders of Aliko Dangote's sugar company have approved a N500 billion rights issue, one of the largest in Nigerian corporate history, to fund backward integration and expansion.
Africa's richest man is pushing his $20 billion refinery into high-margin chemicals, betting on polypropylene and detergent ingredients
Aliko Dangote is expanding his Lagos refinery into high-margin chemicals including polypropylene, fertiliser and detergent ingredients as he targets 1.4 million barrels per day.
Aliko Dangote's refinery fights crude squeeze as Nigeria ships out 55.39 million barrels
Nigeria exported 55.39 million barrels of crude in January and February while Aliko Dangote's 650,000-barrel-a-day refinery scrambled to close a feedstock shortfall.
Aliko Dangote bets N500 billion on sugar as Nigeria pushes to close 1.2 million-tonne import gap
Aliko Dangote is deploying fresh capital into his sugar business after shareholders approved a N500 billion rights issue to fund an expansion targeting 600,000 metric tonnes of annual output by 2030.
Aliko Dangote's refinery is now helping keep European flights in the air as Strait of Hormuz crisis bites
Aliko Dangote's refinery is exporting record volumes of jet fuel to Europe, stepping into a supply crisis triggered by the effective closure of the Strait of Hormuz.
Dangote refinery rushes jet fuel to Europe as IEA warns continent has six weeks of supply left
Aliko Dangote's 650,000-barrel-per-day refinery is becoming a critical source of jet fuel for Europe as the Iran war chokes off traditional Middle Eastern supply routes.
Aliko Dangote's refinery just made Nigeria a net petrol exporter for the first time ever
Aliko Dangote's refinery exported 44,000 barrels of petrol per day in March 2026, making Nigeria a net petrol exporter for the first time in its history.
Aliko Dangote makes TIME100 for the 2nd time as Tony Elumelu writes the tribute
Aliko Dangote has been named to the 2026 TIME100 list of the world's most influential people for the 2nd time, with his profile penned by Tony Elumelu — who Dangote himself profiled on the same list six years ago.