Dangote new investment

Aliko Dangote, the Nigerian business magnate and founder of the Dangote Group, has made several new investments in recent years. Here are some of the notable ones:

  1. Dangote Refinery: In 2016, Dangote Group announced plans to build a $12 billion refinery in Lagos, Nigeria. The refinery, which is expected to be one of the largest in the world, will have a capacity to process 650,000 barrels of crude oil per day.
  2. Dangote Petrochemical Complex: In 2019, Dangote Group announced plans to build a $2 billion petrochemical complex in the Lekki Free Trade Zone, Lagos. The complex will include a polypropylene plant, a polyethylene plant, and a propane dehydrogenation plant.
  3. Dangote Fertilizer Plant: In 2018, Dangote Group announced plans to build a $2.5 billion fertilizer plant in the Lekki Free Trade Zone, Lagos. The plant will have a capacity to produce 3 million metric tons of urea per year.
  4. Dangote Sugar Refinery: In 2020, Dangote Group announced plans to build a new sugar refinery in the Lekki Free Trade Zone, Lagos. The refinery will have a capacity to produce 1.5 million metric tons of sugar per year.
  5. Dangote Cement Expansion: In 2020, Dangote Group announced plans to expand its cement production capacity by 3 million metric tons per year. The expansion will be done through the installation of new cement lines at its existing plants in Nigeria and other African countries.
  6. Dangote Logistics: In 2020, Dangote Group announced plans to establish a logistics company to provide transportation and warehousing services to its customers. The company will operate a fleet of trucks and trailers and will have warehouses in major cities across Nigeria.
  7. Dangote Rice Mill: In 2020, Dangote Group announced plans to build a rice mill in the Lekki Free Trade Zone, Lagos. The mill will have a capacity to produce 200,000 metric tons of rice per year.
  8. Dangote Oil Refinery: In 2020, Dangote Group announced plans to build an oil refinery in the Lekki Free Trade Zone, Lagos. The refinery will have a capacity to process 100,000 barrels of crude oil per day.

These are just a few examples of the new investments made by Aliko Dangote and the Dangote Group in recent years. The company continues to expand its operations and invest in new projects across various sectors, including energy, agriculture, and infrastructure.