Nigeria-France: Minister Franck Riester visits to consolidate trade relations
Franck Riester, France’s Minister Delegate for Foreign Trade and Investment Attractiveness, was in Nigeria from Monday 12 to Wednesday 14 April to prepare for the […]
Aliko Dangote
Nigeria-France: A 200,000 barrel-per-day refinery project contract signed between the two nations
The French company Axens and the Nigerian conglomerate BUA signed a partnership contract on Tuesday 1st September in Paris to carry out the first stage […]
Dangote inks $650m loan for oil refinery project in Nigeria
Aliko Dangote, Africa’s richest man, founder and chair of the continent’s largest cement producing company, has signed a $650 million loan facility with the African […]
Unidentified gunmen kill Dangote employees, manager in Ethiopia
Three employees of a cement factory owned by Nigerian business mogul Aliko Dangote have been killed by gunmen in Ethiopia’s restive Oromia region. An Indian […]
Nigeria inks deal with consortiums to renovate oil refineries
Nigeria’s state oil firm NNPC has completed talks with two consortiums to revamp Africa’s biggest crude producer’s rundown refineries. According to Reuters, the two consortiums […]
Newcomers join African Billionaires on Forbes 2018 List
The US Forbes magazine released its annual ranking of global billionaires, showing that 2017 was a record year for the richest personalities on the planet, […]
Aliko Dangote, only African on Bloomberg 2017 list of 50 Most Influential
Africa’s richest man, Alhaji Aliko Dangote dubbed “the quiet billionaire” for his relatively frugal lifestyle, is the only African to make the Bloomberg 50 Most […]
Congo-Brazzaville: Dangote opens the biggest cement plant in central Africa
The Lagos-listed cement giant Dangote group owned by Africa’s richest man Aliko Dangote has officially opened a $300 million cement production plant in the Republic […]
Dangote sells two of his Nigerian noodle plants
Dangote Noodles Limited, a unit of Nigerian company Dangote Flour Mills, has sold two production lines for $12.26 million, the company said on Tuesday. The […]
Nigeria’s Aliko Dangote to invest up to $50bn in US, Europe
Dangote Group, controlled by Africa’s richest man, Aliko Dangote, plans to invest $20bn to $50bn in the United States and Europe over the next seven […]