Dangote Group’s pan‑African industrial expansion

Timeline

1. 3 days ago

   [BUSINESS] 4 sources

   Dangote Cement Posts H1 Profit Surge and Expands Green Logistics Fleet

   Dangote Cement posts a 22.7% profit rise to ₦638.5 bn, boosts exports by 62.3%, and expands its CNG‑powered logistics fleet while earning a higher CDP rating.

2. 9 days ago

   [BUSINESS] 3 sources

   Aliko Dangote proposes $17 B, 700,000 bpd oil refinery on Kenya’s Lamu Island

   Aliko Dangote proposes a $17 billion, 700,000 bpd refinery on Kenya’s Lamu Island to cut fuel imports, serve East African neighbours, and create over 60,000 jobs, amid environmental concerns.

3. 9 days ago

   [BUSINESS] 2 sources

   Aliko Dangote targets $100 billion industrial empire by 2030

   Aliko Dangote aims to grow his group to a $100 billion industrial empire by 2030, pursuing $40 billion in new investment, refinery IPO, capacity upgrades and a $17 billion Kenyan refinery.

4. 18 days ago

   [BUSINESS] 4 sources

   Mohammed Dewji commits $496 million to Kenyan oil refinery and Tanzanian graphite mine

   Tanzania billionaire Mohammed Dewji pledged $100 million for Dangote’s Lamu oil refinery and invested $275 million in a Tanzanian graphite mine for EV batteries, signalling a regional push into energy and raw‑材

5. 21 days ago

   [BUSINESS] 6 sources

   Tanzania billionaire Mohammed Dewji pledges $100 million for Dangote’s Kenya refinery

   Tanzania’s richest man Mohammed Dewji offered $100 million to invest in Aliko Dangote’s planned 700,000‑bpd refinery in Lamu, Kenya, saying he’d prefer a Tanzanian site but will support the project.

6. 21 days ago

   [BUSINESS] 2 sources

   Dangote Cement gets AA+ rating upgrade; FCMB Asset Management upgraded to A(NG)

   Dangote Cement’s long‑term rating was raised to AA+ by DataPro, while FCMB Asset Management received an A(NG) upgrade from GCR, reflecting strong earnings and market positions in Nigeria.

7. 24 days ago

   [BUSINESS] 8 sources

   Aliko Dangote selects Lamu, Kenya for $17 bn refinery

   Aliko Dangote will build a $17‑19 bn, 700,000 bpd refinery on Lamu Island, Kenya, financed by cash, bonds and an IPO, with construction slated for about 30 months to supply Kenya and neighboring East African to

8. 26 days ago

   [BUSINESS] 2 sources

   Dangote Cement Targets 20% Emissions Cut and 80 MTPA Capacity by 2030

   Dangote Cement pledges 20% CO₂ intensity reduction, shifts to CNG trucks by 2027, and plans to boost capacity to 80 MTPA with new plants in Botswana and Zimbabwe, while reporting recent environmental and social

9. 26 days ago

   [BUSINESS] 5 sources

   Dangote Industries secures $750m bond and announces 700,000‑bpd Kenya refinery

   Dangote Industries raised $750 million via a 7.5% five‑year bond and revealed plans for a 700,000‑bpd refinery in Kenya, expanding its African capacity to 2.1 million barrels per day.

10. 29 days ago

    [BUSINESS] 6 sources

    Dangote Cement Approves Record Dividend and Plans London Dual Listing

    Dangote Cement posted a ₦1.01 trillion profit, raised its dividend 50% to ₦45/share and secured shareholder approval for a secondary London listing, while targeting 80 Mt/yr capacity by 2030.

11. about 1 month ago

    [BUSINESS] 5 sources

    Dangote Group and Congo's SNPC begin talks on refinery partnership

    Dangote Petroleum and Congo’s SNPC discussed a partnership to boost refined fuel supply, part of a wider African industrial integration effort.

12. about 1 month ago

    [BUSINESS] 3 sources

    Aliko Dangote says he wants to be remembered for industrialising Africa

    Aliko Dangote says he wants to be remembered for industrialising Africa, doubts wealth estimates, and expects a major IPO of his refinery to boost the group's valuation.

13. about 1 month ago

    [BUSINESS] 2 sources

    Johann Rupert and Aliko Dangote Join Africa’s $20 Billion Billionaire Club

    Johann Rupert and Aliko Dangote each topped $20 billion in net worth, marking a new era for Africa’s billionaire class and highlighting strong performances in luxury goods, healthcare, cement and oil‑refining.

14. about 2 months ago

    [BUSINESS] 2 sources

    Dangote Group secures $600 million loan from Africa Finance Corporation for fertilizer expansion

    Dangote Group and Africa Finance Corporation signed a $600 million loan to expand fertilizer production in Nigeria and build a new plant in Ethiopia, aiming to raise output to 9 MTPA and generate over $4 b in a

15. about 2 months ago

    [BUSINESS] 6 sources

    Dangote Group Secures $600 million AFC Loan for Fertiliser Expansion in Nigeria and Ethiopia

    AFC is lending $600 million to Dangote’s GreenView Fertiliser to triple urea output in Nigeria and add a new plant in Ethiopia, aiming to boost food security and generate $4 billion in annual exports.

16. about 2 months ago

    [BUSINESS] 2 sources

    Standard Bank backs Dangote refinery IPO and expansion plans

    Standard Bank pledges financial backing for the Dangote refinery's upcoming IPO and future expansion, noting the plant now runs at 700,000 bpd and boosts Nigeria's foreign‑exchange earnings and energy security.

17. about 2 months ago

    [BUSINESS] 2 sources

    Standard Bank Supports Dangote Refinery IPO and Expansion in Nigeria

    Standard Bank backs the Dangote Petroleum Refinery’s IPO and expansion, pledging advisory support as the plant exceeds capacity and boosts Nigeria’s economy.

18. about 2 months ago

    [BUSINESS] 2 sources

    Dangote Group Wins Top African Brand Awards and Secures Standard Bank Backing for Refinery IPO

    Dangote Industries was crowned Africa’s Most Admired Brand and Standard Bank pledged backing for the Dangote refinery’s upcoming IPO, noting its record output and economic impact.

19. 2 months ago

    [BUSINESS] 10 sources

    Dangote Group’s refinery IPO draws $2 billion investor interest as deep‑sea seaport plans advance

    Dangote’s refinery IPO has attracted nearly $2 billion in investor demand ahead of a September 2026 listing, while his planned deep‑sea seaport at Olokola gains community approval, signalling major African‑wide

20. 2 months ago

    [BUSINESS] 9 sources

    Dangote Group raises Ethiopia fertiliser investment to over $4 billion

    Dangote Group lifts its Ethiopia fertiliser project to over $4 billion, adding pipelines, power and a large NPK plant to boost food security.

21. 2 months ago

    [BUSINESS] 4 sources

    Uganda's Museveni backs Dangote-led East African regional oil refinery

    Museveni supports Dangote's $15‑$17 bn East African oil refinery to boost regional integration and energy security.

22. 3 months ago

    [BUSINESS] 15 sources

    Aliko Dangote unveils 20,000MW power plant plan and eyes dollar bond financing

    Dangote announces a 20,000MW power project and seeks dollar bond sales to fund its expansion.

23. 3 months ago

    [BUSINESS] 2 sources

    Dangote Nigeria expansion hinges on Honeywell tech to advance petrochemicals and propylene output

    Dangote Nigeria expansion with Honeywell tech and a 750,000 MT propylene deal aims to boost refinery plastics and detergents production; sugar unit seeks 500bn-