… Gachie September 23, 2026 02:33 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Audio By Vocalize Afrobeats megastar David Adeleke, popularly known as Davido, joined Africa’s richest man and President of the Dangote Group …
… eria's Dangote to hold Lamu Oil Refinery Groundbreaking ceremony in September By Reuters September 04, 2026 09:41 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Nigerian multinational industrial conglomerate Dangote Group …
… urselves so the country can move forward." Tinubu's government says reforms are bearing fruit, pointing to the Nigerian stock exchange, up close to 60% this year, the transfer of oil assets to local companies and the 2024 opening of the 650,000-barrel-per-day Dangote oil refinery …
Nigeria's Dangote raises Ksh.323B to expand Africa's largest refinery By AFP July 24, 2026 07:38 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Nigerian multinational industrial conglomerate Dangote Group's CEO Aliko Dang …
Nigeria's Dangote oil refinery's gasoline unit to resume full rates in mid-June By Reuters June 11, 2026 12:59 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Nigerian multinational industrial conglomerate Dangote Group's …
… New fossil fuel projects, such as the Dangote Group’s crude oil refinery in Tanga, oil exploration in Nigeria, and oil and gas pipelines in Djibouti, continue to pop up across the continent. …
Dangote refinery can be global jet fuel supplier, CEO says By Reuters June 03, 2026 05:30 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Nigerian multinational industrial conglomerate Dangote Group's CEO Aliko Dangote att …
… The Chamber lauded recent refinery investment announcements by the Dangote Group, saying regional refining expansion could help lower fuel import costs across Africa. …
… Speaking with IFC Managing Director Makhtar Diop, Dangote outlined plans to create an investment vehicle in Kenya that would allow African savers to pool funds and invest in Dangote Group companies, a move aimed at keeping more of the continent’s private wealth at home rather tha …
Afrobeats star Davido joined Aliko Dangote in New York's Times Square to unveil a Nasdaq digital billboard promoting the Initial Public Offering of the Dangote Petroleum Refinery and Petrochemicals, displaying the message "Made in Nigeria. Built for the World."
Afrobeats star Davido joined Aliko Dangote in New York's Times Square to unveil a Nasdaq digital billboard promoting the Initial Public Offering of the Dangote Petroleum Refinery and Petrochemicals, displaying the message "Made in Nigeria. Built for the World."
Nigeria's Dangote Group will hold a groundbreaking ceremony on September 30 for a planned oil refinery in Lamu, Kenya, developed in partnership with East African governments. The project is expected to take up to three years to complete and supply refined petroleum products to Kenya and neighbouring countries.
Nigerians face deepening hardship as living standards have crumbled over the past three years under President Bola Tinubu's reforms, including fuel subsidy removals, naira devaluation, and electricity subsidy cuts. The government says the reforms are necessary to prevent fiscal crisis, but citizens report that wages fail to keep pace with rocketing costs.
Nigeria's Dangote mega-refinery, Africa's largest at 650,000 barrels-per-day capacity, has secured $2.5 billion in private equity investment to fund expansion into east Africa. The investment, believed to be the largest publicly disclosed private investment in Africa, precedes a planned initial public offering later in the year.
Nigeria's Dangote oil refinery has reduced its gasoline-making unit (RFCCU) by 34% since May 21 due to insufficient crude feed and a flue gas slide gate valve issue, with repairs nearly complete and full-rate operations expected by mid-June, according to industry monitor IIR Energy.
An opinion piece argues that recent deadly protests over fuel prices in Kenya, Comoros and Mozambique underscore Africa's vulnerability to global oil price shocks, particularly as major East African economies import nearly all their refined petroleum; the writer urges the region to shift to clean energy solutions.
Nigeria's 650,000 barrel per day Dangote refinery has a large surplus of jet fuel and can supply the product globally, according to Chief Executive David Bird. The refinery is running at nameplate capacity, with African demand lower than other regions, creating an export opportunity especially as geopolitical disruptions have affected Gulf-based refiners.
The ongoing Middle East conflict is revealing Africa's heavy reliance on imported refined petroleum products from the Gulf, with East Africa sourcing nearly 80 per cent of its refined petroleum from Middle Eastern suppliers. Supply disruptions have already triggered fuel station queues, rising prices, and increased transport and electricity costs across African cities, threatening economic stability and social cohesion.
The Kenya National Chamber of Commerce and Industry challenged recent fuel price increases, noting that Kenya's diesel prices rose 23.5 per cent during April–May while global crude oil prices increased approximately 10.7 per cent over the same period, attributing the disparity to domestic costs including taxes, levies, and exchange-rate effects.
Africa's richest man Aliko Dangote is considering using Kenya as a base to raise fresh capital from African investors for his industrial empire, including his new refinery. He outlined plans to create an investment vehicle in Kenya that would allow African savers to pool funds and invest in Dangote Group companies.