Dangote news

Here are some recent news updates about Aliko Dangote, the Nigerian business magnate and founder of the Dangote Group:

Recent News

  1. Dangote Cement to invest $150 million in new cement plant in Nigeria: Dangote Cement, the largest cement producer in Africa, has announced plans to invest $150 million in a new cement plant in Nigeria. The plant, which is expected to be completed in 2024, will have a production capacity of 3 million metric tons per annum. (Source: Vanguard News)
  2. Dangote Group to invest $2 billion in oil refinery in Nigeria: The Dangote Group has announced plans to invest $2 billion in an oil refinery in Nigeria, which is expected to be completed in 2025. The refinery will have a production capacity of 650,000 barrels per day. (Source: This Day Live)
  3. Dangote to invest $1.5 billion in fertilizer plant in Nigeria: Dangote Fertilizer Limited, a subsidiary of the Dangote Group, has announced plans to invest $1.5 billion in a new fertilizer plant in Nigeria. The plant, which is expected to be completed in 2024, will have a production capacity of 3.6 million metric tons per annum. (Source: BusinessDay)
  4. Dangote becomes Africa's richest man for the 10th year in a row: According to Forbes, Aliko Dangote has been named the richest man in Africa for the 10th year in a row, with an estimated net worth of $20.6 billion. (Source: Forbes)
  5. Dangote Group to invest $100 million in sugar refinery in Nigeria: The Dangote Group has announced plans to invest $100 million in a new sugar refinery in Nigeria. The refinery, which is expected to be completed in 2024, will have a production capacity of 1.5 million metric tons per annum. (Source: The Nation)

Other News

  1. Dangote's philanthropic efforts: Aliko Dangote has been involved in several philanthropic efforts, including the construction of a 150-bed hospital in Kano, Nigeria, and the establishment of the Aliko Dangote Foundation, which focuses on education, healthcare, and economic empowerment.
  2. Dangote's business expansion: The Dangote Group has expanded its business operations to several countries in Africa, including Ghana, Senegal, and South Africa, and has also invested in several sectors, including cement, sugar, and fertilizer production.
  3. Dangote's leadership: Aliko Dangote has been recognized for his leadership skills and has been named one of the most influential people in the world by TIME Magazine.

I hope this information is helpful!