Aliko Dangote plans London listing of $13 billion Dangote Cement, reviving 2018 attempt
Aliko Dangote is planning a London listing of his $13 billion Dangote Cement business this year, reviving an attempt last shelved in 2018.
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Aliko Dangote is planning a London listing of his $13 billion Dangote Cement business this year, reviving an attempt last shelved in 2018.
Aliko Dangote is exploring a Kenya-based investment vehicle that would let African savers across the continent pool capital directly into Dangote Group companies and collect dividends in US dollars.
Aliko Dangote revealed plans for a 20,000MW power project, a $20 billion dividend promise to African investors and confirmed his refinery has been tested beyond its 650,000 barrel nameplate capacity.
Dangote Petroleum Refinery has recalled around 800 engineers previously redeployed following a labour union dispute, granting a conditional pardon.
The Dangote Group has dismissed reports alleging a rift between Aliko Dangote and Tony Elumelu, threatening legal action against anyone spreading the claims.
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'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 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.
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 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.
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.
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 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.
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.
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.
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.