Alhaji Aliko Dangote

Dangote Challenges Forbes Wealth Estimate, Says Refinery Alone is Worth Over $40bn

Dangote made the comments during an interview with The School of Hard Knocks, where he described wealth rankings as a distraction and pointed specifically to the value of his refinery.

Throwback: Dangote, Ramaphosa Sparred Over How Africa Should Fund Power Projects

In a panel discussion on Africa’s infrastructure financing challenges, South African President Cyril Ramaphosa argued that the continent should not assume it needs foreign capital to fund major projects. Aliko Dangote offered a different perspective, arguing that the availability of money in African banks does not necessarily mean businesses can afford to use it.

What Would You Pitch? – French Montana Asks Fans For Business Ideas After Meeting Africa’s Richest Man Aliko Dangote

French Montana has met with Nigerian billionaire Aliko Dangote and shared photos from their meeting. The rapper asked his followers what they would pitch to Dangote if they were in his position. Montana has maintained a strong connection...

Marketers Reject Dangote’s Dollar Fuel Pricing, Warn Of FX Pressure And Higher Pump Prices

Independent petroleum marketers have rejected Dangote Refinery's decision to price fuel in US dollars, warning that the move could increase foreign exchange pressure and make petrol prices more volatile. PETROAN and IPMAN argue that domestic fuel should continue...

No Rift Between Dangote, Elumelu — Dangote Group Rejects Malicious Reports On Refinery Financing

May 03, (THEWILL) — The Dangote Group has dismissed as false and malicious, reports alleging a rift between its President, Aliko Dangote, and the Group Chairman of United Bank for Africa, Tony Elumelu, insisting that both business leaders maintain...

Dangote Blames Foreign Interests for Slowing Africa’s Industrial Growth

April 17, (THEWILL) — Aliko Dangote, President of the Dangote Group, has raised concerns that entrenched foreign interests are hindering Africa’s industrialisation and delaying its path to economic self-sufficiency. Speaking at the Investing in Africa Forum during the IMF/World Bank...

Dangote, Chinese Energy Giant Strike $4.2bn Deal To Power Ethiopia Fertiliser Plant

March 16, (THEWILL) — Africa’s leading industrial conglomerate, Dangote Industries Limited, has signed a landmark $4.2 billion, 25-year natural gas supply agreement with China’s major energy company, GCL Group, to power a large fertiliser production project in Ethiopia. The agreement,...

Dangote Eyes Nigerian Retail Access To Refinery Shares In Next Five Months

February 23, (THEWILL) — Shares of the Dangote Petroleum Refinery are expected to be offered to Nigerian investors within the next five months, Aliko Dangote has stated, setting the stage for what could be one of the largest domestic...

Dangote Projects Stronger Naira at N1,100/$1, Urges Support For Local Investors

February 18, (THEWILL) — Chairman of the Dangote Group, Aliko Dangote, on Tuesday projected a significant strengthening of the naira, suggesting the currency could reach N1,100 to a dollar this year. Dangote, who made the remarks during the...

Dangote Moves Corruption Case Against Ex-NMDPRA Boss to EFCC, Seeks Investigation Into Alleged Abuse of Office

January 09, (THEWILL) — Billionaire industrialist and Chairman of Dangote Industries Limited, Aliko Dangote, has petitioned the Economic and Financial Crimes Commission (EFCC) to investigate the former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA),...
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Coca-Cola System Plans $1bn Nigeria Investment as Tinubu Seeks Deeper Local Production

The Coca-Cola System is planning to invest $1 billion in Nigeria over five years as the company expands its production capacity and deepens its local supply chain.
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