• To invest additional $46bn in refining, cement, fertiliser businesses to accelerate industrialisation
• Conglomerate moves to strengthen energy security, deepen continent’s industrial integration
Peter Uzoho
The Dangote Group has outlined its long term expansion strategy, which will increase its total refining capacity in Africa to 2.1 million barrels per day, comprising 1.4 million barrels per day in Nigeria and a planned 700,000 barrels per day refining complex in Kenya to serve East African markets.
This will be facilitated by the group’s planned investment of additional $46 billion between 2026 and 2028 across its refining, cement and fertiliser businesses as part of its drive to accelerate industrialisation across Africa
