Aliko Dangote

Nigerian businessman (born 1957)

37 stories

12 quotes

Singapore doesn't produce a single drop of oil, yet they have a lot of refineries,
For too long, our continent has actually been rich in resources but poor in value creation and addition. We have exported crude oil and imported refined products,
Yesterday, as I was landing here at night, I saw an article by Bloomberg that the court has given orders that we should not do any construction,
Well, I think it's an IPO not only for Nigerians. We've got a lot of interest from all over Africa, and we're selling shares, we're trying to bring in democracy to our stock markets,
Believing in EIL’s Engineering and Project Management excellence, the Dangote Group has once again joined hands with EIL… for this prestigious Kenya Project.”
We fully share all our prosperity with the people. That’s why we call this the ‘People’s IPO’.”... The refinery means too much to our continent. We can’t industrialise if we don’t have energy security.”
  • At the opening of the IPO, Dangote Group president Aliko Dangote said... Days earlier, as the IPO documents were signed, he had presented the refinery as part of a broader African industrial project
    Aljazeeraaljazeera.com/opinions/2026…

Earlier

Kenya to Invest Public Funds in Dangote-Linked Ksh 2.58 Trillion East Africa Oil Refinery

Kenyans.co.kekenyans.co.ke/news/123317…

It comes as African countries are actively seeking ways to make energy more secure, following huge global disruptions amid the US and Israel’s war on Iran and Tehran’s subsequent closure of the Strait of Hormuz, through which about 20 percent of the world’s oil and natural gas is shipped

Aljazeeraaljazeera.com/economy/2026…