Search

What Dangote’s East Africa refinery gamble means for Africa’s $120bn fuel import bill

Chief Executive of Dangote Industries Limited, Aliko Dangote. Photo: Dangote Industries LinkedIn/Water Forward Event
Chief Executive of Dangote Industries Limited, Aliko Dangote. Photo: Dangote Industries LinkedIn/Water Forward Event
  • Dangote eyes East Africa refinery to cut fuel imports
  • Project could reshape currencies, trade, and energy security

 

ABUJA, NIGERIA – Africa’s richest businessman, Aliko Dangote, has unveiled plans to build a mega-refinery in East Africa, a move that could redraw the continent’s energy map.

Speaking in Nairobi at the Africa We Build Summit organised by the Africa Finance Corporation, Dangote said his group is ready to replicate the scale of its flagship refinery in Lagos — but only if governments provide the right support.

Recent Business

Chief Executive of Dangote Industries Limited, Aliko Dangote. Photo: Dangote Industries LinkedIn/Water Forward Event
What Dangote’s East Africa refinery gamble means for Africa’s $120bn fuel import bill
Read More »
Electronics engineer fixing cables at a Data Centre. Photo @ Pexels
Why Africa must build data centres fast or lose its digital future
Read More »
A quiet street of Rwanda. Photo by Chris wade Ntezicimpa @ Pexels
What’s behind Rwanda’s AI push to leapfrog Africa’s digital divide
Read More »

Recent Politics

Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Treason case lays bare Nigeria’s hidden power struggles under Tinubu
Read More »
Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »
Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »

Latest Posts

Latest news insights