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 …
Aliko Dangote
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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 …
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KEY POINTS Africa’s richest man, Aliko Dangote, is targeting a valuation of up to $50 billion for his refinery business ahead of a planned initial public offering (IPO) expected later …
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Aliko Dangote has held talks with the CEO of Norway’s $1.9 trillion sovereign wealth fund over a potential partnership targeting African energy and agriculture.
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In the NewsOil & Gas
East African Countries Plan Joint Refinery as Dangote Offers to Build Mega Plant
KEY POINTS East African countries are exploring plans to jointly develop a large oil refinery at the port of Tanga in Tanzania, in a move aimed at reducing dependence on …
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Aliko Dangote has struck a deal with Honeywell to produce plastics and detergent ingredients at his Lekki refinery, cutting Nigeria’s dependence on imports.
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KEY POINTS Nigeria has recorded a major milestone in its energy sector as the Dangote Petroleum Refinery & Petrochemicals pushed the country into becoming a net exporter of petrol for …
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KEY POINTS Africa’s richest industrialist, Aliko Dangote, is set to present a major industrial roadmap as the Dangote Group participates in the 2026 Nasarawa Trade Fair and Exhibition (NASTFE). The …
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Afreximbank has underwritten $2.5 billion of a $4 billion syndicated loan for Dangote Refinery, the largest single commitment in the deal.