Nigerian billionaire Aliko Dangote courts Egyptian investors as Cairo bourse weighs listing
Africa's richest man pitched Egypt as a core market for his industrial empire as the Cairo bourse studies letting locals own his companies.
Dangote Refinery
Africa's richest man taps Botswana to sell $500 million of refinery shares
Africa's richest man is using Botswana's stock exchange and Access Bank Botswana to bring Southern African investors into his record refinery share sale.
Nigerian billionaire Aliko Dangote’s refinery posts $5.5 billion EBITDA in nine months
Dangote's Lagos refinery made $4.7 billion in nine months, reversing a loss a year earlier, as investors weigh its $1.6 billion share sale.
Nigerian billionaire Aliko Dangote's refinery moves to appeal ruling backing fuel imports
Aliko Dangote's refinery has asked Nigeria's Court of Appeal for leave to challenge a judgment that keeps fuel import licences flowing to three rival marketers.
Nigerian billionaire Aliko Dangote extends his $1.6 billion refinery IPO
Aliko Dangote has extended his $1.6 billion refinery IPO by two weeks to let more Africans buy shares, saying demand already far exceeds the offer.
Africa's richest man's refinery can't get enough Nigerian crude, minister admits
Nigeria's finance minister says the country does not have enough crude to supply Aliko Dangote's giant Lagos refinery, forcing the billionaire to import oil.
Nigerian billionaire Aliko Dangote’s refinery IPO opens to Uganda’s wealthy investors
Uganda’s markets regulator has opened Aliko Dangote’s $1.6 billion refinery IPO to high-net-worth and professional investors, days before the offer closes on Oct. 13.
Kenya clears billionaire Aliko Dangote's refinery IPO for Nairobi investors through depositary receipts
Kenya's Capital Markets Authority has approved a depositary receipt route for Kenyan investors to buy into billionaire Aliko Dangote's $1.6 billion refinery IPO, the first such deal under its GDR rules.
Aliko Dangote's $51.7 billion Forbes fortune now exceeds that of South Africa's eight billionaires combined
Forbes values Aliko Dangote at $51.7 billion, more than the combined wealth of South Africa's eight billionaires, while Bloomberg's index puts his fortune at $35.7 billion.
Africa's richest man Aliko Dangote's Kenya refinery deal faces urgent court case
Kenya's High Court has certified as urgent a petition seeking disclosure of the money, land and guarantees behind the state's stake in Dangote's Lamu refinery.
Africa's richest man cuts off petrol supply to importers it accuses of blending its fuel
Aliko Dangote's refinery has stopped selling petrol to Nigerian marketers who import fuel, accusing them of blending its product with lower grades
How Nigerian businessman Chris Iyovwaye went from nurse to building a $20 million oil logistics firm
Chris Iyovwaye went from auxiliary nurse to founder of Wellmann Group, an oil services firm reporting over $20 million in yearly turnover.
Nigerian billionaire Aliko Dangote partners with Honeywell on $16 billion Kenya refinery
Aliko Dangote has picked Honeywell for a $300 million role in his $16 billion Kenya refinery, reusing Lekki designs to save nearly two years.
Africa's richest man targets 10 million investors for his refinery IPO
Aliko Dangote is targeting 10 million retail investors for his refinery's $1.6 billion IPO, nearly four times the 2.7 million Nigerians who currently trade shares.
Dangote refinery runs above full capacity for the first time
Dangote's refinery ran at 105% of capacity in August, supplying 71% of Nigeria's petrol and cutting diesel imports by more than 80%.
Aliko Dangote's refinery lifts Nigeria's petrol exports sixfold to $750 million
Nigeria earned $750 million from petrol exports in the first half of 2026, a sixfold rise that analysts credit to Dangote's refinery and the Iran war.