Dangote news 2019
Here are some notable news stories about Aliko Dangote, the Nigerian business magnate and founder of the Dangote Group, in 2019:
- Dangote Cement's Revenue Hits $2.5 Billion: In January 2019, Dangote Cement, the largest cement producer in Africa, announced a revenue of $2.5 billion in 2018, a 10% increase from the previous year. (Source: Bloomberg)
- Dangote to Invest $1.5 Billion in Fertilizer Plant: In February 2019, Dangote announced plans to invest $1.5 billion in a new fertilizer plant in the Nigerian city of Lagos. The plant is expected to produce 3 million metric tons of urea per annum. (Source: Reuters)
- Dangote's Net Worth Reaches $22.6 Billion: In March 2019, Forbes estimated Dangote's net worth to be $22.6 billion, making him the richest person in Africa and one of the richest people in the world. (Source: Forbes)
- Dangote to Invest $1 Billion in Sugar Refinery: In April 2019, Dangote announced plans to invest $1 billion in a new sugar refinery in the Nigerian city of Lagos. The refinery is expected to produce 1.5 million metric tons of sugar per annum. (Source: BusinessDay)
- Dangote's Refinery to Create 10,000 Jobs: In May 2019, Dangote announced that his planned refinery in Lagos would create 10,000 jobs during the construction phase and 20,000 jobs when the refinery is operational. (Source: Vanguard)
- Dangote to Invest $1.5 Billion in Petrochemical Plant: In June 2019, Dangote announced plans to invest $1.5 billion in a new petrochemical plant in the Nigerian city of Lagos. The plant is expected to produce 1.3 million metric tons of polyethylene and polypropylene per annum. (Source: ThisDay)
- Dangote's Net Worth Reaches $25 Billion: In July 2019, Forbes estimated Dangote's net worth to be $25 billion, making him the richest person in Africa and one of the richest people in the world. (Source: Forbes)
- Dangote to Invest $1 Billion in Rice Mill: In August 2019, Dangote announced plans to invest $1 billion in a new rice mill in the Nigerian city of Lagos. The mill is expected to produce 200,000 metric tons of rice per annum. (Source: BusinessDay)
- Dangote's Refinery to Be Completed in 2022: In September 2019, Dangote announced that his planned refinery in Lagos would be completed in 2022. The refinery is expected to produce 650,000 barrels of crude oil per day. (Source: Vanguard)
- Dangote to Invest $1.5 Billion in Fertilizer Plant: In October 2019, Dangote announced plans to invest $1.5 billion in a new fertilizer plant in the Nigerian city of Lagos. The plant is expected to produce 3 million metric tons of urea per annum. (Source: Reuters)
These are just a few of the many news stories about Aliko Dangote and his business ventures in 2019.