Dangote news 2015
Here are some notable news stories about Aliko Dangote, the Nigerian business magnate, in 2015:
- Dangote Cement's IPO: In January 2015, Dangote Cement, the largest cement producer in Africa, listed its shares on the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE) in an initial public offering (IPO) that raised $3.7 billion. The IPO was the largest in Africa and one of the largest in the world that year.
- Dangote's Net Worth: In February 2015, Forbes estimated Dangote's net worth at $25.9 billion, making him the richest person in Africa and one of the richest people in the world.
- Dangote's Sugar Refinery: In March 2015, Dangote Sugar Refinery, a subsidiary of Dangote Group, began operations at its new sugar refinery in Lagos, Nigeria. The refinery has a capacity to produce 1.5 million metric tons of sugar per annum.
- Dangote's Fertilizer Plant: In April 2015, Dangote Fertilizer Limited, another subsidiary of Dangote Group, began operations at its new fertilizer plant in Lagos, Nigeria. The plant has a capacity to produce 1.5 million metric tons of urea per annum.
- Dangote's Investment in Oil Refining: In May 2015, Dangote Group announced plans to invest $12 billion in the construction of a new oil refinery in Nigeria. The refinery, which is expected to be completed in 2020, will have a capacity to refine 650,000 barrels of crude oil per day.
- Dangote's Philanthropy: In June 2015, Dangote Group donated $10 million to the Nigerian government to support the country's fight against Ebola.
- Dangote's Business Expansion: In July 2015, Dangote Group announced plans to expand its business into new areas, including agriculture, logistics, and real estate.
- Dangote's Recognition: In August 2015, Dangote was recognized as one of the most influential people in the world by TIME Magazine.
- Dangote's Investment in Infrastructure: In September 2015, Dangote Group announced plans to invest $1 billion in the construction of new infrastructure in Nigeria, including roads, bridges, and ports.
- Dangote's Business Challenges: In October 2015, Dangote Group faced challenges in its business operations, including a decline in cement sales and a shortage of foreign exchange in Nigeria. However, the company remained committed to its growth strategy and continued to invest in new projects.
These are just a few of the many news stories about Aliko Dangote and his business empire in 2015.