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Aliko Dangote

Aliko Dangote is a Nigerian businessman and industrialist who serves as founder and chairman of Dangote Group, Africa's largest conglomerate. He is consistently ranked as Africa's wealthiest individual, with a net worth estimated in the tens of billions of dollars. Dangote built his fortune primarily through cement manufacturing, with Dangote Cement operating across multiple African countries and holding dominant market positions in Nigeria and other West African nations. The Dangote Group has diversified interests spanning sugar refining, salt processing, flour milling, pasta manufacturing and logistics. Dangote's most ambitious project is the Dangote Petroleum Refinery near Lagos, a 650 000-barrel-a-day facility that is Africa's largest oil refinery and one of the world's biggest single-train refineries. The refinery, which began operations in 2023, is intended to transform Nigeria from a net importer to an exporter of refined petroleum products. Dangote has also invested in fertiliser production, petrochemicals and infrastructure development across Nigeria and the broader West African region. He wields significant economic and political influence in Nigeria and across the continent. Dangote was born in 1957 in Kano, northern Nigeria, and began his business career in the 1970s trading commodities before expanding into manufacturing.

Aliko Dangote Updates


Image of Cyril Ramaphosa
SA pledges $5m to Africa CDC as Ramaphosa rallies continental unity against Ebola outbreak
25th May 2026 By: Thabi Shomolekae

President Cyril Ramaphosa has announced an initial $5-million contribution to the Africa Centres for Disease Control and Prevention (Africa CDC) to bolster a continental response to the escalating... 


Factories drive Africa’s billionaires
22nd May 2026 By: Martin Zhuwakinyu

We in South Africa have long comforted ourselves with the assumption that, whatever the continent’s turbulence, our economy is Africa’s biggest, anchored by deep capital markets, globally... 


Dangote raises planned investment in Ethiopia fertiliser project to over $4bn
18th May 2026 By: Reuters

Nigerian-billionaire Aliko Dangote's group of companies has increased planned investment in a fertiliser plant in Ethiopia to more than $4-billion from $2.5-billion announced last year. Dangote... 


French President Emmanuel Macron
Deals and new partnerships on the menu at Africa-France summit
11th May 2026 By: Reuters

French President Emmanuel Macron and more than 30 African leaders kicked off a summit in Kenya on Monday aimed at diversifying Paris' partnerships on the continent and clinching new investment... 


Kenyan President William Ruto
Kenya, Tanzania and neighbours discuss joint refinery as Dangote offers to build it
23rd April 2026 By: Reuters

East African countries are discussing plans for a joint oil refinery at Tanzania's port of Tanga modelled on Nigeria's Dangote plant, Kenyan President William Ruto said on Thursday. East Africa... 


An oil vessel waits at the loading and discharging point of the Dangote refinery
Nigeria's Dangote refinery boosts exports to ease Africa's supply crunch
7th April 2026 By: Reuters

Nigeria's Dangote refinery, Africa's largest, has increased exports of gasoline and urea to African countries hit by supply disruptions caused by the Iran war, its owner Aliko Dangote said on... 


Dangote oil refiney
Middle East shock gives Nigeria's Dangote leverage as cheap imports dry up
23rd March 2026 By: Reuters

Nigeria's Dangote Petroleum Refinery has stepped up gasoline exports across Africa as disruptions to energy flows due to the Iran conflict squeeze traditional fuel supply routes, curbing the cheap... 


The Dangote oil refinery
Dangote signs $400m equipment deal with China's XCMG to speed up refinery expansion
17th February 2026 By: Reuters

Nigeria's Dangote Group has signed a $400-million equipment deal with China's Xuzhou Construction Machinery Group to speed up the expansion of its oil refinery toward a planned 1.4-million barrels... 


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