Dangote Industries Limited has further reinforced its status as one of Africa’s most influential corporate brands after emerging as the continent’s Most Admired African Brand for the eighth consecutive year in the latest Brand Africa rankings. The recognition was announced at the 16th annual Brand Africa 100: Africa’s Best Brands awards, unveiled in Addis Ababa,…
Industrial, Social Impact, Development Rankings — Peter Uzoho Dangote Industries Limited has reinforced its position as Africa’s most influential corporate brands after emerging as the continent’s Most Admired African Brand for the eight consecutive year. Also, the Group Chief Branding and Communications Officer of Dangote Industries, Anthony Chiejina, was named among Africa’s 100 Most Influential…
For decades, Africa’s place in the global oil economy was not merely subordinate; it was designed to be so. Crude flowed out. Refined fuel flowed back in. Value accumulated elsewhere. This was not an unfortunate equilibrium but a system built with precision: refining infrastructure in Europe, currencies of trade external, shipping, and pricing settled far…
President of the Dangote Group, Aliko Dangote, has reaffirmed his commitment to boosting food security across Africa through large-scale fertiliser investments, declaring that the continent has the capacity to feed itself and become a net exporter of agricultural products. Dangote made this known while addressing journalists in Gode, in Ethiopia’s Somali region, during a high-profile…
Africa’s richest man, Aliko Dangote, says China has become Africa’s dominant business partner because Western countries often fail to provide the financing support needed for large-scale industrial projects, forcing African businesses and governments to lean heavily on Chinese firms. Business mogul and African billionaire Aliko Dangote has said China currently dominates business across Africa because…
Aliko Dangote, Africa’s richest person, yesterday pushed to expand his refining footprint beyond Nigeria, unveiling plans to build a refinery of comparable scale in East Africa in partnership with governments in the sub-region. The proposed project is expected to be completed within four years, especially if East Africa’s regional leaders cooperate, Dangote stressed, kicking against…
Cairo, Egypt — African Export-Import Bank (Afreximbank) is proud to announce that it is supporting Dangote Group, as it seeks to expand its operations and grow its turnover to US$100 billion by 2030. The Group’s leadership presented its long-term growth strategy “Vision 2030: Supercharging Dangote Group for Long Term Success” to the Afreximbank Board of…
African Export-Import Bank (Afreximbank) is pleased to announce that it has underwritten US$2.5 billion in the US$4-billion senior syndicated term loan in favour of Dangote Petroleum Refinery and Petrochemicals FZE (DPRP). Afreximbank and Access Bank were appointed co-Mandated Lead Arrangers for the five-year facility to consolidate existing financing, optimise its capital structure and align with…
Dangote Petroleum Refinery & Petrochemicals has begun exporting fuel across Africa after reaching full production capacity, marking a shift in regional fuel supply dynamics. The refinery shipped about 456,000 tons of petroleum products in its first export wave, representing less than a fifth of its monthly output. The facility ramped up to its full capacity…
Dangote Cement Plc has reaffirmed its commitment to making Africa fully self-sufficient in cement production, strengthening the continent’s industrial backbone and reducing reliance on imported construction materials. Speaking during a strategic briefing on the company’s expansion drive, the Group Managing Director of Dangote Cement, Mr. Arvind Pathak, emphasised that the company is accelerating its investments…
