KEY POINTS Kenyan investors will be able to participate in Dangote Petroleum Refinery’s initial public offering, IPO, after the country’s capital markets regulator approved arrangements allowing eligible citizens to access …
Aliko Dangote
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KEY POINTS The Dangote Petroleum Refinery and Petrochemicals FZE initial public offering, IPO, has attracted strong interest from Nigerians, with investors welcoming the opportunity to become part-owners of one of …
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KEY POINTS Kenyan President William Ruto is set to visit the Dangote Petroleum Refinery in Lagos on Friday as Kenya prepares to begin construction of a major refinery and petrochemical …
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Global and African leaders have backed Dangote Refinery’s proposed IPO, saying broader ownership could open Africa’s industrial wealth to ordinary citizens and the diaspora.
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KEY POINTS The Dangote Petroleum Refinery is targeting expansion that would make it the largest refinery in the world by 2028, according to Dangote Group President and Chief Executive Officer, …
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KEY POINTS Construction of the proposed Dangote-backed Lamu oil refinery in Kenya is expected to commence in October 2026, with Africa’s richest man, Aliko Dangote, saying preparations for the ambitious …
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In the News
Aliko Dangote Secures $600 Million Loan to Expand Fertiliser Output and Earn $4 Billion Yearly
Aliko Dangote has secured a $600 million loan from the Africa Finance Corporation to expand fertiliser production and generate $4 billion in annual export earnings.
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In the NewsOil & Gas
African Billionaires Secure Historic Windfall as Shipping Crisis Redraws Global Oil Map
KEY POINTS The prolonged blockade of the Strait of Hormuz has completely reshuffled the global oil order. Satellite imagery analyzed by German business publication WirtschaftsWoche and earth observation firm LiveEO …
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The African Energy Chamber has named Aliko Dangote its 2026 African Energy Person of the Year, recognizing his refinery’s transformative impact on Nigeria and African energy security.
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KEY POINTS Dangote Petroleum Refinery and Petrochemicals has reduced the price of aviation fuel (Jet A1) from N1,750 to N1,650 per litre in a move designed to ease operational pressures …