Billionaire Aliko Dangote Agrees to Feature on Isbae U’s YouTube Show
Billionaire industrialist Aliko Dangote has agreed to feature on Isbae U’s hit YouTube show, Curiosity Made Me Ask, following a youth interactive session in Lagos.
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Dangote to Prioritise Investors With ₦50,000 And Below in Refinery IPO
Aliko Dangote says investors applying with ₦50,000 or less will get priority in the Dangote Refinery IPO as Nigerians prepare to buy shares
Dangote Refinery IPO Draws Huge Investor Interest as Offer Gets Extension
The Dangote Refinery IPO has attracted strong investor interest, with estimated subscriptions reaching N8.61tn. This figure represents four times the offer’s total value of N2.15tn. However, the company has not confirmed the exact amount subscribed. Aliko Dangote, President of Dangote Group, announced the extension on Monday. The company has moved the closing date from October…
Dangote Blames Marketers, IOCs Over Lamu Refinery Protests
Dangote speaks on Lamu refinery protests Aliko Dangote has blamed local oil marketers and international oil companies (IOCs) for protests against his planned refinery in Lamu, Kenya. The Nigerian billionaire made the claim during an interview with the BBC’s Focus on Africa programme. He spoke as some Lamu residents protested over land acquired for the…
Dangote Commits $50bn to Africa’s Industrialisation
Dangote Unveils $50bn African Expansion Plan Aliko Dangote has committed an additional $50 billion to investments across Africa as he pushes for bigger African-owned businesses. The Dangote Group president announced the plan in Nairobi, Kenya, during an investor engagement hosted by the Nairobi Securities Exchange. Dangote said the Group has already invested more than $25…
Kenyan Court Halts Dangote Refinery Construction in Lamu Over Land Dispute
A Kenyan court has ordered a temporary halt to work on Dangote’s proposed refinery in Lamu County. The Malindi Environment and Land Court issued the order after farmers and residents in Chandavai challenged the project. They alleged forceful eviction and destruction of their properties. Judge Jane Onyango directed both sides to maintain the existing situation….
Dangote: Kenya Refinery to Have Double Power Capacity
Dangote Group is planning a bigger and more powerful refinery in Kenya. The planned Kenya refinery in Lamu will have a 1,000-megawatt power plant. That is twice the power capacity of the Dangote Refinery in Lagos. The facility will also generate 500MW for sale to the Kenyan government. Dangote Group President Aliko Dangote disclosed this…
Kenyan President Ruto to Visit Dangote Refinery Ahead of Major Kenya Project
President William Ruto will visit the Dangote Petroleum Refinery in Lagos on Friday. The visit comes ahead of Kenya’s new refinery project in Lamu. Aliko Dangote will host the Kenyan president at the Lekki facility. The visit will also strengthen ties between Dangote and Kenya. Ruto and Dangote are expected to break ground for the…
Davido and Dangote Light Up Times Square as Refinery IPO Takes Global Spotlight
Davido meets Aliko Dangote in New York as the Dangote Refinery IPO campaign gains global attention at Times Square. Nigerian music star David Adeleke, better known as Davido, has shared photos from his recent meeting with billionaire businessman Aliko Dangote in New York. The singer met Dangote at Times Square as the Dangote Petroleum Refinery…
Dangote Foundation to Support 2 Million Women With Refinery Shares
Aliko Dangote says his foundation will help 2 million vulnerable women buy Dangote refinery shares and receive additional shares as savings Aliko Dangote has announced plans to help about two million vulnerable Nigerian women own shares in Dangote Petroleum Refinery and Petrochemicals Limited. The initiative will target widows, conflict victims and other women facing financial…
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