The most consequential risk factor in any investment does not appear in a prospectus. It lives in the mind of the CEO.
By Davida Ademuyiwa For decades, Nigeria’s oil story read like a cautionary tale of squandered potential. The discovery of crude in Oloibiri in 1956 – by...
By Dishant Shah Africa’s billionaires are more than just symbols of wealth – they are reflections of the continent’s economic structure, its contradictions, and its untapped...
Africa’s richest man, Aliko Dangote, has taken a major step toward expanding his industrial footprint in Nigeria by submitting construction plans for what could become the...
Nigerian business magnate Aliko Dangote has witnessed an extraordinary surge in his net worth, nearly doubling to an impressive US$23.9 billion, according to Forbes. This remarkable...
Aliko Dangote, Chairman and CEO of Dangote Group, has announced ambitious expansion plans in Ethiopia, including doubling the company’s cement production capacity and investing in new...
The Government of Grenada and Afreximbank have officially entered into an agreement to host the highly anticipated 4th AfriCaribbean Trade and Investment Forum (ACTIF), set to...
Africa’s wealthiest businessman, Aliko Dangote, has urged Grenada and other Caribbean Community (CARICOM) member states to eliminate visa requirements for travelers from African nations, arguing that...
A private equity firm backed by Africa’s richest man, Aliko Dangote, is set to acquire Java House, a leading East African coffee chain. Mauritius-based Alterra Capital,...
Bloomberg | Nigeria’s imports of gasoline are on course for an eight-year low as the country’s new mega-refinery pushes out foreign suppliers, boosting the nation’s fuel...
Nigeria’s 650,000 barrels-per-day (bpd) Dangote Refinery is constructing eight additional oil storage tanks to address challenges with crude supply. These new tanks will increase the refinery’s...
Reuters | Nigeria’s Dangote Refinery said on Wednesday it has made its first export of petrol to Cameroon, a milestone that could pave way for regional...
By NJ Ayuk Angolan President João Lourenço recently engaged in discussions with Aliko Dangote – founder and CEO of Dangote Industries – to explore potential opportunities,...
The Dangote Group has inaugurated Africa’s largest tomato processing facility in northern Nigeria, a US$20 million initiative aimed at reducing the country’s dependence on imported tomatoes,...
Reuters | Nigeria’s state oil firm, NNPC Ltd has revealed that one of its subsidiaries has agreed to supply 100 million standard cubic feet of gas...
Ghana is poised to begin sourcing petroleum products from Nigeria’s Dangote Refinery once it achieves full capacity, which would lessen its dependence on expensive imports from...
Bloomberg | African billionaire Aliko Dangote is wealthier than ever now that his long-awaited Nigerian oil refinery is up and running. But his mood suggests a...
The US$20 billion Lagos-based Dangote Refinery is set to begin supplying Premium Motor Spirit (petrol), marking a major shift for Nigeria as it reduces its dependence...
Bloomberg | Nigeria is considering allowing billionaire Aliko Dangote’s refinery to set the price of the gasoline it sells, people with knowledge of the matter said,...
Bloomberg | Nigeria’s giant new Dangote oil refinery is filling tanks with gasoline, a milestone for the African nation that’s been more than a decade in...
Reuters | Nigeria’s 650,000-barrel-per-day Dangote refinery is undergoing test runs for gasoline production, with full operation expected by mid-September, according to a note by industry monitor...
Bloomberg | In a finely balanced oil market, Nigeria has suddenly reemerged as a key player. During the past few weeks, actions by the country’s massive...
Reuters | Nigeria’s government gave approval on Monday for state oil company NNPC Ltd to sell crude in the naira currency to the mega Dangote refinery...
Aliko Dangote, the Founder and Chairman of the Dangote Group, announced that the Nigerian National Petroleum Corporation (NNPC) Limited no longer holds a 20 percent stake...
Nigeria’s new Dangote oil refinery is ramping up gas oil exports to West Africa, capturing market share from European refiners, according to traders and shipping data....
Aliko Dangote, has announced plans to venture into steel production, aiming to ensure that all steel used in West Africa is sourced from Nigeria. Dangote shared...
For over a decade, Nigeria has struggled to significantly boost its national grid, adding just 760 megawatts (MW) over 11 years. In a striking comparison, the...
Reuters | Singapore, Asia’s oil hub, will be receiving this week its first low-sulphur straight-run fuel oil (LSSR) cargo exported from Nigeria’s new Dangote refinery, according...
Barring any last-minute changes, the US$20 billion Dangote Oil Refinery is set to be listed on the Nigerian Stock Exchange by December 2024. Aliko Dangote, the...
Reuters | Nigeria’s Dangote oil refinery started supplying petroleum products to the local market on Tuesday, a company executive and fuel marketing associations said, a major...
Reuters | Africa’s richest man Aliko Dangote is planning to set up an oil trading arm, to help run crude and products supply for his new...
Reuters | Shell Plc has made a final investment decision to build a gas supply facility in Nigeria to feed a fertilizer plant owned by Africa’s...
It is noteworthy that Aliko Dangote, the founder and CEO of the Dangote Group, has experienced a substantial increase in his net worth according to Bloomberg’s...
Reuters | Nigeria’s Dangote oil refinery has begun producing diesel and aviation fuel, the company said on Saturday, after years of construction delays at the 650,000...
Reuters | The Dangote oil refinery in Nigeria on Friday received its first cargo of 1 million barrels of crude oil from Shell International Trading and...
CNBC Africa | The President of Dangote Group, Aliko Dangote, has revealed plans to list the US$20 billion Dangote Petroleum Refinery on the Nigerian Exchange (NGX),...
Bloomberg | Billionaire Aliko Dangote, Africa’s richest person, said his refinery has secured a license to refine more than 300,000 barrels of Nigerian crude per day...
Bloomberg | The full ramp up of Africa’s largest oil refinery, a landmark moment for crude and fuel markets both regionally and beyond, is still a...
Reuters | Nigeria’s state oil firm NNPC Ltd will supply the new 650,000 barrel-per-day (bpd) Dangote oil refinery with up to six cargoes of crude oil...
By Christina Katsouris When Aliko Dangote, an industrialist from the northern state of Kano, first announced the project in 2013, analysts were skeptical. Dozens of proposed...
Bloomberg | A team spun out of Carlyle Group Inc. said they’ve got backing from the founders of the US private equity (PE) firm as well...
S&P Global | The long-awaited Dangote refinery – billed as a game-changer for Nigeria and sub-Saharan Africa – will receive its first cargo of crude in...
By Nnaemeka Vincent Emodi Nigeria’s new Dangote petroleum refinery is Africa’s biggest – it will produce 650,000 barrels a day, giving it the potential to address...
Reuters | Nigerian President Muhammadu Buhari will commission the multi-billion dollar Dangote oil refinery in two weeks, a presidency spokesperson said, setting up the plant for...
Bloomberg | Africa’s richest man, Aliko Dangote, agreed with a Chinese firm to construct a 6 million-ton cement plant to expand output and exports in his...
Bloomberg | Africa’s richest man, Aliko Dangote, agreed with a Chinese firm to construct a 6 million-ton cement plant to expand output and exports in his...
Members of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) who recently paid a visit to Aliko Dangote’s multi-billion-dollar refinery disclosed that the refinery is...
Bloomberg | The giant refinery being built in Nigeria by Africa’s richest person, Aliko Dangote, will finally start operations by mid-2023, according to state oil company,...
Bloomberg | Nigeria has appointed Aliko Dangote, Africa’s richest man, to lead a committee commissioned with eliminating malaria in the West African nation as the mosquito-borne...
Bloomberg | When Aliko Dangote, Africa’s richest person, decided to construct a refinery in southern Nigeria on a plot of swampland almost half the size of...
Reuters | Dangote’s 650,000 barrels per day (bpd) oil refinery being built in Nigeria is due to begin production by the fourth quarter of 2022, Group...
Reuters | Nigerian billionaire Aliko Dangote opened a 3-million-tonne fertilizer plant at a cost of US$2.5 billion on Tuesday to target African and foreign markets even...
Bloomberg | Nigeria’s giant new Dangote oil refinery will start processing crude in the third quarter of this year. Mechanical work on the refinery is complete...
Dangote might be an example of a successful and dynamically expanding manufacturing firm in Nigeria. But structural transformation across the Nigerian economy remains very limited.
The NNPC said it had signed term sheets with Dangote Group for the stake in its 650,000-barrel-per-day oil refinery
Sub-Saharan Africa is poised to expand 4.1 percent next year, as economies recover from the pandemic
Dangote Group will double cement production in Cameroon
Tiger Brands Ltd., South Africa’s largest food producer, agreed to sell its stake in loss making Nigerian business to Dangote Industries Ltd. 3 years after buying...
Nigerian serial entrepreneur and philanthropist, Aliko Dangote, has proposed that African states introduce free movement of persons, goods, services and capital across the continent, based on...
Nigerian billionaire Aliko Dangote typifies the new “African lions” whose business empires are winning a competitive edge over foreign multinationals because of their better grasp of...
The Dangote Group has revealed that its US$9 billion oil refinery will be on stream by December 2017. The Dangote refinery, located in Lekki, Lagos State,...
Dangote Cement is set to commission its new 3.0 million metric tonnes per annum cement plant located in Mtwara District of Tanzania on October 10, 2015....
Dangote Cement has been named the 2015 African business of the year at the just ended African Business awards ceremony. The judging panel applauded Dangote Cement...
Aliko Dangote, has revealed that Dangote Cement will invest in a US$400 million cement plant in Zimbabwe. The billionaire, also told journalists, that the Dangote Group...
A Chinese state-owned engineering company has signed a deal worth $4.3bn (£2.8bn) to build factories for a Nigerian cement company run by Africa’s richest man, Aliko...
Aliko Dangote – the world’s wealthiest black man, is set to address a global audience at the 2015 edition of DEMO Africa on September 24-25, in...
By Opeyemi Agbaje In 2010 as I traveled across 10 African countries in west, east, central and southern Africa on some strategy and consulting projects, I...
The collapse in commodity prices and the rise of the African middle class has flipped the fortune trends of the continent’s richest people. Commodities tycoons Aliko...
Nigeria-based Dangote Cement has the African continent in its sights catching older European rivals like Lafarge and Heidelberg Cement on the hop – both are now...
Dangote Group founder and chairman, Aliko Dangote, has revealed that he is expanding his cement empire to Asia and it will be operational in 30 months....
Aliko Dangote, Africa’s richest man, is looking to invest in Malawi. Dangote is aggressively expanding his business empire across several African countries. He recently launched a...
The Dangote Group on Thursday (one day ahead of schedule) opened a US$500 million cement plant in Ethiopia, one of Africa’s fastest-growing economies where a construction...
Dangote Cement has released its unaudited results for the first quarter of 2015, showing an increase in gross profit of 10.5 percent y/y at N74.7 billion...
Serial entrepreneur and billionaire, Aliko Dangote has indicated that he still wants to buy English Premier League soccer team Arsenal even after he was rebuffed by...
Dangote Cement said it will begin production in Tanzania in August, as sub-Saharan Africa’s leading cement producer eyes new markets on the continent. A US$500 million...
Serial entrepreneur Aliko Dangote plans to invest US$2.2-2.5 billion in two 550 kilometer (342 miles) undersea pipelines running from Nigeria’s Niger River delta to the commercial...
Dangote Cement’s pretax profit fell 3.2 percent to 184.68 billion naira (US$928 million) last year due to a gas shortage to fire its plant and low...
A new US$9 billion oil refinery producing 500,000 barrels per day being developed by serial entrepreneur Aliko Dangote, is expected to come onstream in Nigeria by...
The Dangote Group has revealed that the US$400 million cement plant in Masaiti district, in the Zambian Copperbelt will be commissioned by the end this month....
African entrepreneurs and leaders including (Tony Elumelu, Aliko Dangote, Donald Kaberuka – the President of the African Development Bank and John Mahama – the President of...
Nigerian billionaire, Aliko Dangote has been named as Forbes Person of the Year 2014. With businesses spanning across the African continent Dangote has made a positive...
Aliko Dangote Aliko Dangote, has announced new plans to invest an undisclosed sum in the development of a major coal mine in Tanzania, even as he...
Aliko Dangote, Founder and Chairman of the Dangote Group speaks during the final session of the World Economic Forum on Africa meeting in Cape Town June...
Aliko Dangote – Founder and Chairman of the Dangote Group Sovereign fund Investment Corp of Dubai (ICD) has bought a 1.4 percent stake in Dangote Cement,...
Aliko Dangote – Founder and Chairman of the Dangote Group Construction work at the Dangote cement plant in Mtwara in southeastern Tanzania, which will produce 3...
Africapitalist proponent, Tony Elumelu has pledged N100 million ($617,000), through his foundation, to help battle the Ebola outbreak in West Africa. He will be joining a...
Aliko Dangote, CEO and Founder of The Dangote Group speaks during the final session of the World Economic Forum on Africa meeting, June 6, 2008. PHOTO/Mike...
Aliko Dangote – Founder and Chairman of the Dangote Group Dangote Cement, a subsidiary company of Dangote Group, continues its dominance on the African continent, with...
Aliko Dangote – Founder, Chairman and CEO of the Dangote Group The construction boom on the African continent continues to attract more businesses. Lafarge SA, the...
Nigeria and four of its neighbors in West Africa declared war Saturday on the Islamic group Boko Haram, with the U.S., France, and the U.K. providing intelligence as...
Chief Executive Officer at Dangote Cement Plc, Devakumar Edwin says the pan-African cement giant plans to start operations in three African countries, Sierra Leone, Cameroon and...
Africa’s richest man, Aliko Dangote, has pocketed $706 million in dividends from profits made by his crown jewel, Dangote Cement in 2013. Dangote Cement PLC, which held its...
World’s eighth largest exporter of crude oil and Africa’s largest economy, Nigeria, is now the biggest importer of kerosene from the United States, a new data...
Aliko Dangote, CEO of the Dangote Group, believes that Africa needs to have strong institutions to combat corruption. Dangote advised, “One of the greatest obstacles apart...
African entrepreneur Aliko Dangote has been named among the top 25 people who have had the biggest impact on business in the last 25 years. The...
General Electric (GE)’s Global Vice-Chairman, John Rice will be in Abuja between May 7th – 9th as co-chairman at the 2014 World Economic Forum on Africa...
With a net worth estimated at over US$24bn (according to Forbes), Dangote made his billions with operations and investments in a range of industries across the continent,...
Aliko Dangote – Founder and Chairman Dangote Group Nigeria’s biggest company by market capitalization, Dangote Cement, expects to double its cement production capacity across Africa this...
Nigerian industrialist Aliko Dangote’s cement business has been flourishing elsewhere in Africa and the Senegalese project, first conceived four years ago, was due to start production...
Nigeria’s footballers could earn more than $100,000 each if they become the first African team to win the World Cup this year. This figure pales into...
Aliko Dangote. PHOTO/File (Bloomberg) – Billionaire Aliko Dangote, Africa’s richest man, helped fuel a record surge in syndicated loans by Nigerian borrowers last year with a...
Africa’s richest man, billionaire Alhaji Aliko Dangote paid a courtesy call, on Thursday, to President Ellen Johnson Sirleaf at her Foreign Ministry Office and briefed her...
Aliko Dangote, Founder, President and Chief Executive of the Dangote Group. PHOTO/File The Dangote Group, funded and run by the world’s richest black man, Aliko Dangote,...
Aliko Dangote, Founder, President and Chief Executive of the Dangote Group speaks during the final session of the World Economic Forum on Africa meeting in Cape...
Aliko Dangote, Founder, President and CEO of the Dangote Group. PHOTO/Mike Hutchings/Reuters The Dangote Group, the Nigerian company founded and run by Aliko Dangote, plans to...
Akinwumi Adesina – Nigeria’s minister for Agriculture. PHOTO/Getty Images Nigeria’s minister for Agriculture Akinwumi Adesina, was earlier this week named 2013 Forbes Africa person of the...
Aliko Dangote – founder and Chairman Dangote Group. PHOTO/File Dangote Cement reported a growth of 28.7 percent in revenue and 39.4 percent in profit for the...
Aliko Dangote – Founder and Chairman of The Dangote Group Nigerian entrepreneur Aliko Dangote, plans to spend US$350 million to build a new cement plant in...
Aliko Dangote, President and CEO of Nigeria’s Dangote Group. PHOTO/Mike Hutchings/Reuters (AFP) – There are far more African billionaires than previously thought, Ventures magazine said Monday...
Aliko Dangote – Chairman and CEO of the Dangote Group Africa’s largest asset manager, the South African-based Public Investment Corporation, will consider investing in more companies...
By Ryan Elcock It is amazing how much clarity one can have when they take time to process all the crazy things that have transpired over...
Aliko Dangote – founder and CEO of the Dangote Group (Reuters) – The Dangote Group said on Tuesday it will borrow US$3.3 billion to build a...
Aliko Dangote African capital markets and investment landscape are quite bullish for investors; greater returns of 30 percent dividends or even more on average investment have...
Aliko Dangote Aliko Dangote is on track to spend up to $15 billion pursuing investment opportunities on the African continent in the next 4-5 years. Dangote...
Akinwumi Adesina – Nigeria’s minister for Agriculture. PHOTO/Getty Images When President Goodluck Jonathan was elected two years ago, he pledged reforms that would transform the lives...
Aliko Dangote, founder and CEO Dangote Group/Industries (Reuters) – Dangote Industries, majority shareholder in Dangote Cement, on Monday sold 1.5 percent of its stake in Nigeria’s...
Aliko Dangote, President, Founder and Chief Executive of Nigeria’s Dangote Group speaks during the final session of the World Economic Forum on Africa. PHOTO/Mike Hutchings/Reuters Nigerian...
Founder and CEO of the Dangote Group., Aliko Dangote. PHOTO/File (Bloomberg) – Dangote Group CEO, Aliko Dangote, has revealed that he has secured US$4.25 billion to...
Aliko Dangote. PHOTO/File Dangote Cement Plc, Africa’s biggest producer of the building material, said it plans to more than double annual total output to 55 million...
Aliko Dangote, President, Founder and CEO of The Dangote Group speaks during the final session of the World Economic Forum on Africa meeting in Cape Town...
Aliko Dangote The Dangote Group has awarded Indian engineering company, Tata Consulting Engineers, a contract to provide project management consultancy services for its new US$1.9 billion...
Aliko Dangote, President and Chief Executive of Nigeria’s Dangote Group speaks during the final session of the World Economic Forum on Africa meeting in Cape Town...
Aliko Dangote The CEO and President of the Dangote Group, Aliko Dangote has urged African business men and women to increase their investment stake across the...
Aliko Dangote, President and Chief Executive of Nigeria’s Dangote Group speaks during the final session of the World Economic Forum on Africa meeting in Cape Town...
The following is a compilation of individuals who we feel have made tremendous contributions to world, and have impacted the lives of people globally descent during...
Aliko Dangote Forbes magazine says Aliko Dangote, a Nigerian tycoon who built his empire on commodities like flour, sugar and cement, is Africa’s richest man. Dangote...
Aliko Dangote, President and Chief Executive of Nigeria’s Dangote Group speaks during the final session of the World Economic Forum on Africa meeting in Cape Town...
Aliko Dangote, founder, President and Chief Executive of the Dangote Group Sephaku Cement- a subsidiary of Dangote Cement and an indigenous player in South Africa’s cement...
The Forbes Africa Person of the Year has announced the top five candidates for this years title. The winner of this award would have had an...
Aliko Dangote, President and Chief Executive of Nigeria’s Dangote Group (Reuters) – Nigerian billionaire Aliko Dangote on Thursday sold 63 percent of Dangote Flour to South...
By Ryan Elcock Between 58 to 51 BC, as he was successfully bringing the Gauls under the Roman Empire, Julius Caesar is said to have remarked...
Aliko Dangote, President and Chief Executive of the Dangote Group speaks during the final session of the World Economic Forum on Africa meeting in Cape Town...
Dangote cement’ Obajana plant. PHOTO/File World-class technology and innovative training has catalyzed the success of Dangote Group, one of the largest trading and manufacturing conglomerates operating...
Aliko Dangote Nigerian billionaire Aliko Dangote, continues to expand his business footprint in Africa. Dangote Cement’s new plant currently under construction in Tanzania is expected to...
Dangote continues to expand his business empire in Africa. Nigerian billionaire Aliko Dangote is set to build a US $500 million cement plant in Zambia after...
Aliko Dangote, President and Chief Executive of Nigeria’s Dangote Group speaks during the final session of the World Economic Forum on Africa meeting in Cape Town...
Aliko Dangote. PHOTO/Mike Hutchings/Reuters Africa’s richest man, Aliko Dangote, will on Tuesday return back to the office of the President of the Nigeria Stock Exchange (NSE),...
Aliko Dangote (Reuters) – Nigerian billionaire Aliko Dangote is targeting a market capitalization of US$35-40 billion for his cement company when he lists it in London...
Aliko Dangote Nigerian billionaire Aliko Dangote commissioned an expansion of his Obajana cement plant on Monday that raised its capacity to 10.25 million tonnes a year,...
Founder and CEO of the Dangote Group., Aliko Dangote. PHOTO/File (Reuters) – Nigerian billionaire Aliko Dangote said his conglomerate needed to spend US$7.5 billion over the...
Aliko Dangote, president of Dangote Group (Bloomberg) – Tiger Brands Ltd. (TBS), South Africa’s largest food company, said it is in talks with Dangote Industries Ltd.,...
They are the African business leaders, empire builders, moguls and high-flying chief executives of multinational corporations who possess continental clout and wield the most widespread influence...
Aliko Dangote. PHOTO/File (Reuters) – Africa’s richest man Aliko Dangote plans to list his US$11 billion cement business, Dangote Cement, on the London Stock Exchange next...
Nigerian billionaire., Aliko Dangote. PHOTO/File Construction work on the Dangote cement factory in Cameroon’s economic capital Douala that was stopped two weeks ago is to resume...
Nigerian billionaire., Aliko Dangote. PHOTO/File Nigerian billionaire Aliko Dangote has signed a 20 year agreement with the Liberian government enabling him to open a branch of...
Nigerian billionaire Aliko Dangote.PHOTO/File Nigerian manufacturing group Dangote has opened a US$ 1 billion cement plant near the economic capital Lagos, one of the largest investments...
Her US$3 billion fortune makes Oprah Winfrey (pictured above), the wealthiest black person in America, a position she has held for years. But she is no...
Nigerian billionaire., Aliko Dangote Millionaires and billionaires have budgets – they are financially successful – all the more reason why we could borrow a leaf from...
Africa’s biggest producer of building material, Dangote Cement Plc., has registered a 23 percent increase in nine-month pre-tax profit as cement sales rose. Income in the...
Despite having received only one finalist nomination, Ghana shone at the African Business Awards 2011 because of one business leader and a young but dynamic company....
