Dangote news update

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

Latest 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 Refinery to start operations in 2023: The Dangote Refinery, a $12 billion oil refinery project in Lagos, Nigeria, is expected to start operations in 2023. The refinery will have a production capacity of 650,000 barrels per day and is expected to reduce Nigeria's reliance on imported petroleum products. (Source: This Day Live)
  3. Dangote Group to invest $100 million in agricultural projects: The Dangote Group has announced plans to invest $100 million in agricultural projects in Nigeria, including the production of rice, sugar, and dairy products. The investment is expected to create thousands of jobs and improve food security in the country. (Source: BusinessDay Nigeria)
  4. Dangote's net worth increases to $20.4 billion: According to Forbes, Aliko Dangote's net worth has increased to $20.4 billion, making him the richest person in Africa and one of the richest people in the world. (Source: Forbes)

Recent Achievements:

  1. Dangote Cement wins African Business Award: Dangote Cement has won the African Business Award for the Best Company in Africa, beating other top companies in the continent. (Source: African Business)
  2. Dangote Refinery wins award for Best Refinery Project: The Dangote Refinery has won the award for Best Refinery Project in Africa, recognizing its innovative approach to oil refining and its potential to transform the Nigerian oil industry. (Source: Refining & Petrochemicals World)
  3. Dangote Group wins award for Best Employer in Nigeria: The Dangote Group has won the award for Best Employer in Nigeria, recognizing its commitment to employee development and welfare. (Source: BusinessDay Nigeria)

I hope this information is helpful!