Nigerian billionaire Aliko Dangote’s $1.6 billion refinery initial public offering could increase the country’s active investor base by as much as five times chief executive of Nigerian Exchange Group
Browsing: Dangote
Africa’s richest man Aliko Dangote, Uganda President Yoweri Museveni and Kenyan President William Ruto. PHOTO | PPU
From cement plants in Ethiopia and Tanzania to refineries in Nigeria and Kenya, Nigerian billionaire Aliko Dangote has spent the last two decades building one of the most ambitious business empires that Africa has ever seen.
Construction begins on Wednesday of a $16-billion Kenyan oil refinery aimed at lowering East Africa’s fuel costs and saving the region hard currency used to import refined products.
Nigerian billionaire Aliko Dangote and Kenya’s President William Ruto have broken ground on a $16bn (£12bn) oil refinery in Lamu, on Kenya’s northern coast.
