Kenya defends $327 million Dangote pipeline deal after backlash
Kenya’s Treasury chief has defended the sale of a 24.76% stake in Kenya Pipeline Company to Aliko Dangote, dismissing allegations of political interference.
Aliko Dangote
Nigerian billionaire Aliko Dangote earmarks $50 billion for investments through 2030
Aliko Dangote says his group has set aside $50 billion for investments between 2026 and 2030, and vows to tackle Africa’s energy deficit.
Nigerian billionaire Aliko Dangote’s refinery IPO could boost active investors fivefold, NGX Group CEO says
Aliko Dangote’s $1.6 billion refinery IPO could increase Nigeria’s active investor base by threefold to fivefold, Nigerian Exchange Group CEO Temi Popoola says.
Nigerian billionaire Aliko Dangote plans Africa fuel network in $50 billion expansion
Aliko Dangote says his group is building pipelines and depots across East, Central and Southern Africa as part of a $50 billion investment plan.
Africa's richest man acquires 25% of Kenya Pipeline Company for $327 million
Aliko Dangote's group has bought almost 25% of Kenya Pipeline Company for $327 million, giving Africa's richest man a role in East Africa's fuel network.
Nigerian billionaire Aliko Dangote receives second shipment of machinery for $16 billion Kenya refinery
Nigerian billionaire Aliko Dangote’s planned $16 billion Kenya refinery has received a second shipment of 154 pieces of machinery at Lamu Port.
Nigerian billionaire Aliko Dangote loses $640 million as Dangote Cement shares fall 5.5%
Aliko Dangote lost about $640 million on Monday as Dangote Cement shares fell 5.5% to ₦1,008, leading a ₦1.47 trillion slide on the Lagos bourse.
Africa's richest man says his $100 billion 2030 revenue target is too modest
Africa's richest man told Nigerian actors and creators at his refinery that a new, larger growth target for his group will be unveiled in January.
Nigerian billionaire Femi Otedola hosts Dangote, Rabiu at dinner for Lagos governor hopeful
Femi Otedola hosted Aliko Dangote and Abdul Samad Rabiu at a dinner honouring Obafemi Hamzat, the ruling party's candidate for Lagos governor in 2027.
Nigerian billionaire Aliko Dangote’s refinery IPO draws investors from 51 African countries
Aliko Dangote’s refinery says its IPO has drawn investors from more than 90 countries, including 51 of Africa’s 54 nations, before the Oct. 27 close.
Zimbabwean investors have until Oct. 21 to buy into Nigerian billionaire Aliko Dangote’s refinery
Zimbabwean investors have until Oct. 21 to apply for Aliko Dangote’s refinery shares through FINSEC, at an indicative 40 cents per depositary receipt.
Nigerian billionaire Aliko Dangote eyes Egypt oil refining in $15 billion plan
Africa's richest man says refining and petrochemicals will lead his Egypt plans, with spending of at least $10 billion that could rise past $15 billion.
Nigerian billionaire Aliko Dangote plans to list 10% of his Ethiopian fertiliser business
Aliko Dangote says he will sell at least 10% of his Ethiopian fertiliser venture on the local exchange, even if Prime Minister Abiy Ahmed disagrees.
Nigerian billionaire Aliko Dangote's refinery stake could be worth $55 billion
Renaissance Capital now values Africa's biggest refinery at ₦700.41 a share, which would make Aliko Dangote's stake worth about $55 billion.
Nigerian billionaire Aliko Dangote’s foundation and Gombe State to give 28,284 women refinery shares
Gombe State released ₦149.2 million to buy Dangote refinery shares for 28,284 vulnerable women, and Aliko Dangote’s foundation will match each woman’s shares.
Nigerian billionaire Aliko Dangote’s refinery IPO sparks new listing talks at Nigeria’s stock exchange
Nigerian Exchange CEO Temi Popoola says Aliko Dangote’s refinery IPO has sparked private listing talks with several companies, with listings expected from next year.