Africa's richest man has publicly donated $47 million to charity so far in 2026
Aliko Dangote has publicly donated at least $47 million to named causes in the first six months of 2026 through his foundation and personal gifts.
Aliko Dangote
Dangote Refinery raises $1 billion at $39 billion valuation ahead of IPO
Dangote Petroleum Refinery is raising $1 billion through a private placement at a $39.1 billion valuation with demand already exceeding $2 billion ahead of its pan-African IPO.
Africa's largest bank Standard Bank takes leading role in Dangote refinery IPO
Standard Bank CEO Sim Tshabalala has pledged leading-role support for the Dangote refinery IPO and future expansion after touring the Lagos facility with senior executives.
Africa's richest man has added $6.8 billion to his fortune in 2026 and is closing in on $40 billion
Aliko Dangote started 2026 worth $30.4 billion and has since added $6.8 billion to his fortune, closing in on the $40 billion mark faster than anyone predicted.
Africa's richest man spent $20 million trying to fix Nigeria's tomato problem and the country let him down
Aliko Dangote invested $20 million in Nigeria's largest tomato processing factory in 2016. A decade later, the country's broken supply chain has defeated his ambition.
Africa's richest man's refinery ramps up to 700,000 barrels a day
Dangote Petroleum Refinery has exceeded its nameplate capacity for the first time, processing 700,000 barrels per day in an official test by its process licensors.
Africa's richest man built Nigeria's Peugeot assembly plant from scratch and it now rolls out 120 cars a day
Africa's richest man Aliko Dangote acquired a Peugeot assembly licence in 2017 and built a modern car factory in Kaduna that began production in 2022.
Nigerian cement billionaires win big as Dangote, BUA and Lafarge post $554 million in combined Q1 profits
Nigeria's three biggest cement producers posted a combined N762.97 billion in first-quarter profits in 2026, a 57 percent jump driven by elevated cement prices.
Africa's richest man Aliko Dangote is now the world's biggest jet fuel exporter
Aliko Dangote's 650,000 barrel-per-day refinery became the world's single largest jet fuel exporter in April, capitalising on Middle East supply disruptions to reshape global energy trade.
Aliko Dangote's refinery cuts petrol and diesel prices again as crude markets ease
Aliko Dangote's refinery cut ex-depot petrol prices to ₦1,250 per liter and diesel to ₦1,700, the second reduction in a week as crude eased.
Aliko Dangote's 17-billion dollar East African refinery advances as Ruto vows to build this year despite oil cartels
Kenya's Ruto has confirmed Aliko Dangote's $15-17 billion East African refinery will start construction this year, vowing to push ahead despite resistance from oil cartels.
How African billionaires Benedict Peters and Aliko Dangote became the biggest winners of the Hormuz crisis
Satellite images show Nigeria's Dangote refinery and Benedict Peters' Aiteo operation are the biggest beneficiaries of the Hormuz crisis, even as an oil theft mafia costs the country billions annually.
Aliko Dangote's sugar company just opened a $300 million rights issue. The naira almost killed it first
Dangote Sugar Refinery has opened a N485.9 billion ($300 million) rights issue at N60 per share, offering two new shares for every three held, in a bid to slash debt and revive its Sugar for Nigeria backward integration programme.
Nigeria's NNPC tells a court that Dangote petrol is too expensive and imports must continue
NNPC filed a counter-affidavit in Lagos arguing Dangote refinery's petrol prices are significantly high and fluctuating, and that competition from imports must continue to protect consumers.
Niger State invites Aliko Dangote into Bida Basin crude oil exploration
Niger State has invited Aliko Dangote and private investors to explore crude oil at the Bida Basin under a public-private partnership structure.
Aliko Dangote's sugar firm opens a $324 million rights issue to bankroll local production
Aliko Dangote's Dangote Sugar has opened a N485.9 billion ($324 million) rights issue to strengthen its balance sheet and fund a major local-production drive.