Dangote eyes expansion into Tanzania

Dangote eyes expansion into Tanzania

Africa’s richest man, Aliko Dangote, said he plans to make major investment in ports, power, and roads in Tanzania, as part of his plans to expand amid a surge in global fuel and fertilizer costs. The Nigerian billionaire held talks with Tanzania’s president last week, and said both parties have agreed on mutually beneficially sectors that can “deliver significant value,” with formal talks to finalize a deal to be held soon.Dangote’s vast empire…

How Dangote’s $46 Billion Refinery Plan Could Link West and East Africa

Aliko Dangote is pushing a bigger African energy ambition as his group moves to build a refining network that could stretch from Nigeria in West Africa to Kenya in East Africa. The plan is part of a wider $46 billion investment programme by Dangote Industries across refining, cement and fertiliser between 2026 and 2028. At … The post How Dangote’s $46 Billion Refinery Plan Could Link West and East Africa appeared first on Business Elites Africa.

“700,000bpd Refinery For East Africa” — Dangote Plans Kenya Oil Refinery To Boost Regional Fuel Supply, Cut Import Dependence

Dangote Industries Limited has disclosed that its planned oil refinery in Kenya will have the capacity to refine 700,000 barrels of crude oil per day, as part of the group’s wider strategy to expand its energy footprint across Africa. The company said the proposed East African refinery is expected to serve Kenya and other markets in the region, including Tanzania, Uganda and South Sudan, while reducing dependence on imported refined petroleum pr…