Their regional economic argument is of course weakened by the fact that the country's richest businessman indeed Africa's is Aliko Dangote who hails from the Dantata trading family in the northern state of Kano (AC Vol 67 No 18 Dangote's refinery goes public and so does his ambition)...
Aliko Dangote's Lekki refinery has sharply reduced Nigeria's fuel import needs...
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The political fallout of higher prices also raises the stakes on the planned $16 billion Lamu oil refinery project to be built by Nigerian magnate Aliko Dangote...
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Mkumbo touts the government's efforts to secure major investments from Nigerian billionaire Aliko Dangote in both fertilisers and energy...
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Vol 67 No 20 |
- KENYA
- NIGERIA
The commercial stakes for Nigerian magnate Aliko Dangote and the political bet by Kenya's President William Ruto are critical in what would be the east African country's biggest and costliest project...
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They have also been helped by output from Aliko Dangote's 700 000 b/d Lekki refinery...
Aliko Dangote is aiming for Africa's biggest ever initial public offering as he seeks to raise at least US$1...
5 billion in a private placement that was nearly four times oversubscribed ahead of its Initial Public Offering (IPO) due in October Aliko Dangote's refinery is lining up for another bruising battle with Nigeria's regulators...
Last year Aliko Dangote demanded the dismissal of the head of the NMDPRA Farouk Ahmed after accusing him of fraud to the tune of $7m...
His links with Aliko Dangote Africa's richest man may explain the AFC's financing of Dangote's oil refinery in Nigeria...
Alongside the heads of state the summit attracted some 1 500 to 2 000 African and French business leaders including South African mining magnate Patrice Motsepe and Nigeria's Aliko Dangote who set out his conditions for investing in a 650 000-barrel-a-day oil refinery in East Africa narrowing the choice to Kenya or Tanzania...
