7 African billionaires who invested $100 million or more in Africa over the last two years
Africa’s richest investors are back in build mode, writing nine figure cheques for refineries, cement, power, AI infrastructure and gold.
Aliko Dangote
Aliko Dangote’s cement company awards $10.5 million to distributors across Africa
Aliko Dangote’s Dangote Cement rewards top African distributors with $10.5M in cash, vehicles, and prizes, highlighting growth plans.
British executive David Bird readies Dangote refinery for IPO in Nigeria
British executive David Bird prepares Dangote Petroleum Refinery for a landmark IPO as Nigeria’s largest industrial asset moves closer to public listing.
Abdul Samad Rabiu set to become third Nigerian to hit $10 billion after Adenuga, Dangote
Abdul Samad Rabiu nears $10 billion, set to become the third Nigerian to hit the milestone, after Adenuga and Dangote in 2016.
Africa’s richest man Aliko Dangote refinery's denies petrol supply disruption
Aliko Dangote’s refinery dismisses supply claims, boosts petrol output, and ensures steady access for all marketers.
7 African Billionaires Betting Big on Cement
From Lagos to Casablanca, homegrown moguls turned limestone into fortunes, reshaping Africa’s cement map and building booms.
Africa’s richest man, Aliko Dangote, starts 2026 with $410 million net worth increase
Aliko Dangote’s net worth rises $410 million to $30.4 billion driven by Dangote Cement gains and investor confidence.
Aliko Dangote’s $20 billion refinery warns fuel prices may double in Nigeria
Dangote Refinery says petrol prices could rise to N1,400 per liter if Nigeria relies on imports instead of local refining.
Inside Nigeria’s petrol price war: Sayyu Dantata’s MRS takes on NNPC with Dangote refinery fuel
Sayyu Dantata controlled MRS is selling petrol at 739 naira per litre, sharpening competition with NNPC across Nigeria’s retail market.
Aliko Dangote's refinery loads 43 million liters, denies petrol shutdown
Dangote refinery loads 43 million liters of petrol, denies shutdown, and assures steady supply amid price fluctuations.
After Farouk Ahmed’s exit, NMDPRA says Dangote refinery petrol supply fell below target
NMDPRA says Dangote Refinery supplied 23.52 million liters of petrol daily in November, missing projections as imports lifted Nigeria’s fuel supply.
Inside the biggest billionaire donations in Africa in 2025
Africa’s billionaires ramped up giving in 2025, funding schools, hospitals and startups as governments face tight budgets and rising public needs.
Dangote refinery drives 28 percent drop in Nigeria petrol prices
Dangote Refinery cuts Nigeria petrol prices 28 percent, easing inflation and boosting holiday fuel supply.
Dangote presses regulators, urges probe of NMDPRA chief over $5 million Swiss tuition
Aliko Dangote criticizes fuel imports, calls for transparency in Nigeria’s refinery sector and urges probe of NMDPRA chief over $5 million Swiss tuition.
Africa’s richest man Aliko Dangote pledges 25 percent of wealth to foundation
Aliko Dangote pledges 25 percent of his $30 billion wealth to fund education, health, and economic programs across Africa.
Africa’s richest man Aliko Dangote’s refinery takes second Ghana crude
Dangote refinery receives another Ghana crude shipment as repairs cut intake and boost reliance on regional supply.