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Aliko Dangote

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Latest Aliko Dangote articles

African leaders herald $16B Dangote oil refinery in Kenya

An oil refinery on Kenya's coast is expected to be completed in 40 months, and will process an estimated 700,000 barrels of oil per day. Africa's richest man, Aliko Dangote, will lead the project.

Africa Aliko Dangote Kenya

Sep 30, 2026 · byDeutsche Welle

Oil tycoon Dangote: Africa will be mostly self-sufficient in fuel by 2030

Aliko Dangote is behind a refinery project on Kenya's Indian Ocean coast that faces a land rights court case and opposition over its environmental impact.

Africa Aliko Dangote Kenya

Sep 29, 2026 · byCourthouse News

Dangote Targets 10 Million Investors in Africa’s Biggest IPO

The Dangote refinery in Nigeria is going public as Africa’s richest man, Aliko Dangote, is targeting 10 million retail investors in the “IPO for the people” pitch of Africa’s biggest initial public offering. The Dangote group this month launched a widespread marketing campaign to attract retail investors as part of the IPO planned to raise $1.6 billion and valuing the largest refinery in Africa at $47 billion. The ‘IPO for the people’ could boost the number of retail shareholder accounts in Nigeria fourfold.…

Africa Aliko Dangote Nigeria

Sep 29, 2026 · byOilPrice.com

Dangote's Kenya Refinery Project Launches This Week at Up to $20B

Kenya breaks ground September 30 on the Dangote-backed East Africa Oil Refinery in Lamu, a project priced at $17 billion by Kenyan officials and $20 billion by Aliko Dangote himself, and designed to process 700,000 barrels of crude oil a day at Lamu's deep-water port. It would serve Kenya, Uganda, South Sudan, Rwanda, Burundi and the Democratic Republic of Congo. Disclosed financing for the project totals $1.6 billion against a price tag of $17 billion to $20 billion. Tanzanian billionaire Mohammed Dewji has committed $100 million to the project.…

Aliko Dangote Burundi Kenya

Sep 23, 2026 · byOilPrice.com

Aliko Dangote: Refining Nigeria’s oil, helping Africa, and creating wealth

The world’s richest Black man says he aims to make Africa more self-sufficient and less reliant on imports.

Africa Aliko Dangote

Sep 21, 2026 · byAl Jazeera

'This is our company': Nigerians show off oil wealth after share-buying frenzy

Many Nigerians buy their first ever shares - in the oil refinery owned by Africa's richest man, Aliko Dangote.

Africa Aliko Dangote

Sep 17, 2026 · byBBC

Dangote refinery launches Africa’s biggest IPO for retail investors

Africa’s richest man Aliko Dangote on Monday launched an IPO for his $19 billion Nigerian oil refinery, seeking $1.6 billion from retail investors across the continent. The offering values Africa’s largest refinery at about $49 billion and has drawn both strong investor interest and concerns over its high valuation.

Africa Aliko Dangote

Sep 15, 2026 · byFrance 24

Nigeria's Dangote refinery kicks off blockbuster IPO

Nigerian billionaire Aliko Dangote launched the biggest-ever share sale on the African continent, listing 4.1 billion shares in his Lagos refinery on the stock exchange. He framed it as a "people's IPO" to give all Nigerians a chance to share the plant's wealth potentials. Trading is expected to start in November. Meanwhile, global oil prices continued to advance as attacks by Yemen's Houthi rebels forced Saudi Arabia to shut down its East-West oil pipeline.

Aliko Dangote Arabia Saudita Houthis

Sep 14, 2026 · byFrance 24

Dangote Prices Africa's Biggest IPO at $47 Billion

Aliko Dangote launched Africa's largest share sale on Monday, offering 4.1 billion shares of his Nigerian oil refinery at 525 naira each. The offer runs through Oct. 13 and would raise $1.6 billion if fully subscribed, or as much as $2.1 billion if the company exercises its greenshoe option. The sale values the refinery, which processes 700,000 barrels of crude a day, at roughly $47 billion. The refinery has benefited financially from supply disruptions linked to the Iran war, which increased demand for its jet fuel across Africa and Europe. It…

Africa Aliko Dangote Europa

Sep 14, 2026 · byOilPrice.com

Africa's richest man launches continent's biggest share sale

Nigerian billionaire Aliko Dangote says he wants ordinary people to share in the success of his oil refinery.

Africa Aliko Dangote

Sep 14, 2026 · byBBC

Africa’s richest man aiming to make $23bn from continent’s biggest-ever IPO

Public offering of Aliko Dangote’s Nigerian oil refinery business could swell his net wealth by two thirds The fortune of Africa’s richest person could swell by two thirds to nearly $60bn (£44bn) after his refinery in Nigeria listed publicly in the continent’s biggest-ever initial public offering. If Monday’s flotation of Dangote Petroleum Refinery and Petrochemicals goes to plan, then Aliko Dangote will add another $23bn (£17bn) to his $35bn net worth. Continue reading...

Africa Aliko Dangote Nigeria

Sep 14, 2026 · byThe Guardian

Aliko Dangote’s $40B refinery IPO draws global investor interest, could be Africa’s largest ever

The IPO could redefine Africa's financial landscape, boosting regional economic growth and attracting diverse global investments. The post Aliko Dangote’s $40B refinery IPO draws global investor interest, could be Africa’s largest ever appeared first on Crypto Briefing .

Africa Aliko Dangote

Jun 30, 2026 · byCryptoBriefing

Aliko Dangote’s $40B refinery IPO draws massive investor interest ahead of September listing

The IPO's success could transform Nigeria's economy, shifting it from an importer to a major exporter, but regulatory and market risks loom. The post Aliko Dangote’s $40B refinery IPO draws massive investor interest ahead of September listing appeared first on Crypto Briefing .

Aliko Dangote Nigeria

Jun 30, 2026 · byCryptoBriefing

Aliko Dangote’s $40B IPO sparks investor excitement in Africa

Dangote's IPO could transform Africa's economic landscape, boosting industrial growth and shifting Nigeria from fuel importer to exporter. The post Aliko Dangote’s $40B IPO sparks investor excitement in Africa appeared first on Crypto Briefing .

Africa Aliko Dangote Nigeria

Jun 30, 2026 · byCryptoBriefing