Africa’s richest man Aliko Dangote’s refinery sees surge in global fuel sales
The refinery has accelerated exports of petrol, diesel, and aviation fuel, filling a supply gap created by maintenance closures at Saudi Aramco and Kuwait facilities.
Aliko Dangote
Africa's richest man, Aliko Dangote, gets $2.5 billion deal in Ethiopia
Aliko Dangote signs $2.5 billion fertilizer deal with Ethiopia to cut costly imports, boost food security and expand Africa’s farm output.
Dangote refinery signs deal with Japanese firm for petrochemical production in Nigeria
Dangote’s $20 billion refinery partners with Japan’s Mitsui Chemicals to boost petrochemical output, targeting Africa’s $15 billion import market.
Africa’s richest man Aliko Dangote loses $549 million overnight
Aliko Dangote’s net worth drops $549 million as Dangote Cement shares fall nearly 10 percent, reducing his stake to $4.96 billion.
Africa’s richest man Aliko Dangote’s refinery lowers petrol prices across Nigeria
Dangote refinery cuts petrol price to $0.534 per liter, boosting Nigeria’s energy independence and processing 500,000 barrels daily.
Aliko Dangote’s $20 billion refinery deploys 4,000 CNG trucks in Nigeria
The CNG-powered fleet, imported through Lagos’ Apapa Port, will support the refinery’s fuel delivery program set to launch on August 15.
Afreximbank backs $4 billion refinancing loan for Aliko Dangote’s refinery
The deal forms part of a broader $4 billion syndicated loan package aimed at refinancing earlier capital costs tied to the construction of the $20 billion refinery.
Aliko Dangote set to become first African with $30 billion fortune
Dangote nears $30 billion fortune as rising cement and sugar shares add $1.23 billion to his wealth in 2025.
British executive David Bird named CEO of Aliko Dangote’s $20 billion refinery
David Bird takes over $20 billion Dangote refinery as output rises and plans for public listing take shape in Nigeria.
Africa’s richest man, Aliko Dangote, nears $29 billion fortune as refinery listing looms
Dangote nears $29 billion net worth with refinery listing plans and strong gains in cement, sugar, and energy.
Aliko Dangote’s cement business hauls in $1.35 billion in six months
Dangote Cement posts $1.35 billion H1 revenue, profit surges 174% as pricing strategy and strong Nigerian market drive top-line and bottom-line growth.
Africa's richest man Aliko Dangote steps down as chairman of cement company
Dangote's move is seen as part of a broader leadership transition.
Aliko Dangote turns to Angola tankers as Nigeria misses out on $400 million shipping revenue
Dangote’s $19 billion refinery uses Angola’s tankers as Nigeria’s stalled shipping sector misses out on $400 million annual freight revenue.
Aliko Dangote’s sugar business posts $281 million half-year revenue
Dangote Sugar’s H1 2025 revenue surged 45.53% to $281.7 million, driven by strong 50kg bag sales and demand growth across all key Nigerian regions.
Africa’s richest man Aliko Dangote plans refinery expansion to 700,000 barrels a day
Dangote's refinery nears 700,000-barrel daily capacity with U.S. crude imports and RFCC unit upgrade at 85 percent efficiency.
Africa’s richest man, Aliko Dangote, gains $414 million in 24 hours
Dangote's net worth jumped $414 million in a day as investors poured into cement and sugar stocks on the Nigerian Exchange.