Dangote new investment in

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

  1. Refinery and Petrochemical Complex: Dangote has invested $12 billion in a refinery and petrochemical complex in Lagos, Nigeria. The project, which is expected to be completed in 2023, will have a refining capacity of 650,000 barrels per day and produce a range of petroleum products, including gasoline, diesel, and jet fuel.
  2. Fertilizer Plant: Dangote has invested $2.5 billion in a fertilizer plant in the Niger Delta region of Nigeria. The plant, which is expected to be completed in 2022, will produce 3.6 million metric tons of urea per year and will help to reduce Nigeria's reliance on imported fertilizers.
  3. Sugar Refinery: Dangote has invested $150 million in a sugar refinery in Lagos, Nigeria. The refinery, which is expected to be completed in 2022, will produce 1.5 million metric tons of sugar per year and will help to reduce Nigeria's reliance on imported sugar.
  4. Cement Plant: Dangote has invested $300 million in a cement plant in the Democratic Republic of Congo. The plant, which is expected to be completed in 2022, will produce 1.5 million metric tons of cement per year and will help to meet the growing demand for cement in the DRC.
  5. Agricultural Projects: Dangote has invested in several agricultural projects, including a rice farm in Nigeria and a dairy farm in Kenya. The projects aim to increase food production and reduce the country's reliance on imported food products.
  6. Logistics and Transportation: Dangote has invested in a logistics and transportation company, Dangote Logistics, which provides transportation services to the company's various businesses, including cement, sugar, and fertilizer.
  7. Real Estate: Dangote has invested in a real estate company, Dangote Real Estate, which develops and manages residential and commercial properties in Nigeria and other African countries.
  8. Energy: Dangote has invested in an energy company, Dangote Energy, which generates and distributes electricity in Nigeria and other African countries.
  9. Telecommunications: Dangote has invested in a telecommunications company, Dangote Telecom, which provides mobile phone services in Nigeria and other African countries.
  10. Infrastructure: Dangote has invested in several infrastructure projects, including the construction of roads, bridges, and ports in Nigeria and other African countries.

These are just a few examples of Dangote's latest investments. As a leading entrepreneur in Africa, he continues to invest in various sectors to drive economic growth and development on the continent.