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The Latest Breaking News from Aliko Dangote

Aliko Dangote is leaving one-third of his $35 billion fortune 'to humanity'—a rare move among Africa's billionaires

The pledge amounts to roughly $11.6 billion at today's valuation, and could grow far larger once his oil refinery goes public.

Fortune

Africa’s richest billionaire plans to donate one-third of his $36bn wealth to charity

Africa's richest man, Aliko Dangote, will donate one-third of his wealth to charity. This significant philanthropic commitment is part of his succession plan. His daughter, Halima Dangote, revealed this plan in a recent interview. The billionaire's fortune is valued at approximately $36.5 billion. This donation aims to embed philanthropy into…

The Times of India

Greenpeace Africa demands halt to $17bn Kenya coastal oil refinery

Climate rights group Greenpeace Africa has called for a halt to a proposed oil refinery project by Africa's richest man, Aliko Dangote, in Kenya's coastal region, warning of the environmental risks.

Radio France Internationale

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Dangote-backed mega refinery sparks east African competition {Business Africa}

From a domestic game-changer to a cross-continental empire, how does one group intend to power the future of Africa? We are here with Aliko Dangote himself.

Euronews

Meet Aliko Dangote: How a trader’s son turned a $500,000 family loan into a $32.7 billion African empire

Aliko Dangote’s business expansion into East Africa, now linked to proposed pipeline corridors through Ethiopia and Djibouti, is often discussed in terms of scale and strategy. But the deeper story behind these moves stretches far beyond recent headlines. It is tied to a long, uneven journey that began in a…

The Times of India

From uncle's loan in 1977 to $36.8 billion today: The story of a quiet African titan reshaping global energy from Lagos

Aliko Dangote is widely regarded as Africa’s richest businessman and one of the most influential industrialists in the world. His journey began in 1977 when he started trading cement with a small loan from his uncle after completing college. Born on April 10, 1957, in Kano, Nigeria, he gradually built…

The Economic Times

Nigerian refinery accused of sacking union members is key to UK plan to tackle jet fuel shortage

Heidi Alexander says part of answer to strait of Hormuz crisis is importing more fuel from US and west Africa

The Guardian - UK

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Nigerian billionaire plans expansion of Africa's biggest oil refinery

Africa’s largest refinery is seeking to expand its capacity to 1.4 million with a goal of becoming the world’s largest refinery

The Independent UK

Five Things To Know About Nigeria's Oil Sector

Africa's biggest oil refinery will on Friday start direct and free shipping of fuel to retailers in Nigeria, a move expected to disrupt the oil sector in the continent's largest crude producer.

International Business Times

Nigeria's Dangote Refinery Caught Between Promise And Reality

When will gasoline from Nigerian tycoon Aliko Dangote's mega-refinery finally flood the home market?

International Business Times

Lawmakers in Nigeria try to resolve rift between authorities and Africa's richest man

Nigerian legislators have begun an investigation into the alleged importation of contaminated fuel into the country, part of efforts to resolve issues causing a rift between an oil refinery owned by Africa’s richest man Aliko Dangote and the industry regulator

The Independent UK

‘There is nowhere to fish any more’: life in the shadow of Nigeria’s biggest industrial complex

The oil refinery and fertiliser plant just outside Lagos promised jobs and prosperity, but people complain of evictions, loss of livelihoods and health effects

The Guardian - UK

Africa's Largest Oil Refinery Begins Production in Nigeria

Africa's largest oil refinery in Nigeria has begun production, potentially boosting the region's refining capacity and reducing reliance on imported petrol...

Top News

Africa’s biggest oil refinery begins production in Nigeria with the aim of reducing need for imports

Africa’s biggest oil refinery has begun production in Nigeria after a yearslong wait

The Independent UK

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Radio France Internationale

Africa's biggest fuel refinery starts production in move toward self-sufficiency

Nigeria's long-awaited Dangote refinery has begun producing diesel and aviation fuel, the company said on Saturday, after years of delays. The plant, the largest of its kind in Africa, is expected to supply not only Nigeria but other countries in West Africa – potentially transforming the region's oil trade.

The Guardian - UK

UK government under fire for investing overseas aid in fossil fuel firms

Taxpayer’s money also going to companies found to be flouting human rights in Kenya and DRC, says Commons committee

France 24

Nigeria opens Africa's biggest oil refinery in drive to self-sufficiency

Nigeria has opened an oil plant billed as Africa's largest refinery. Outgoing President Muhammadu Buhari inaugurated the new facility in Lagos, calling it a "game-changer". With a capacity of 650,000 barrels a day, the $19 billion plant built by Aliko Dangote – Africa's wealthiest man – could help Nigeria's drive…

The Independent UK

Nigeria opens Africa’s biggest oil refinery as it tries to boost struggling sector

Nigerian President Muhammadu Buhari has opened Africa’s biggest oil refinery, with hopes it will help the country achieve self-sufficiency and become a net exporter of refined petroleum products

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The Conversation

Dangote launches Africa's biggest oil refinery - 4 ways it will affect Nigeria

Nigeria’s new Dangote petroleum refinery is Africa’s biggest – it will produce 650,000 barrels a day, giving it the potential to address the country’s energy supply crisis. First product from the refinery is expected to hit the market by the end of July 2023.

Tribune News Service

Mini refineries lead Nigeria’s quest to process own crude oil

On a river bank deep in the Niger Delta a local contractor is building one of a growing number of mini refineries that the Nigerian government hopes will finally help wean Africa’s biggest economy off foreign fuel.

Football London

Stan Kroenke's stance on Arsenal sale has been revealed as FSG issue Liverpool statement

Latest Arsenal news takes a look at Stan Kroenke's stance on selling the club amid Fenway Sports Group issuing a statement regarding the full sale of Liverpool FC

Radio France Internationale

Nigeria disturbed by acute fuel shortfalls

Motorists queuing for several hours at petrol pumps in the Nigerian capital, Abuja, has become the new normal after an acute scarcity in fuel earlier this year. In February, the government announced that bad fuel containing a high level of methanol was imported into the country by oil marketeers and…

Daily Mirror

Africa's richest man has explained when he'll buy Arsenal and been told takeover cost

Aliko Dangote has been Africa's Richest Man for the past 11 years and the billionaire has regularly spoken about wanting to buy Arsenal - although the Kroenke's are adamant the club is not for sale

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