The fundraising attracted several institutional investors, including the Africa Finance Corporation and African Export-Import ...

Nigeria’s Dangote refinery, which currently handles about 650,000 barrels of oil per day, aims to more than double its ...

The record-breaking primary placement brings external capital into the Nigerian mega-complex for the first time, paving the ...

Billionaire Nigerian businessman is planning to grow capacity from about 650,000 barrels per day to 1.4mn b/d by 2028 ...

Nigeria's Dangote mega-refinery Thursday said it has secured $2.5 billion in investment from private investors to fund its expansion plans, as it widens its refining business to east Africa. The ...

DUBAI (Reuters) -Nigeria's Dangote has tapped Honeywell to provide services and help double its refining capacity to 1.4 million barrels per day by 2028, in what is the clearest indication yet that ...

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

Nigeria’s Dangote Petroleum Refinery and Petrochemicals has completed a $2.5bn private placement, bringing external investors ...

Dangote Refinery's record $2.5 billion equity raise signals strong investor confidence, accelerating Africa's energy ...

For weeks, I watched the debate over the Dangote refinery and fuel import licences from the sidelines. Then every day, I see ...

Dangote Petroleum Refinery successfully completes a $2.5bn private equity placement, attracting significant international and ...

Dangote Refinery on Thursday announced that it has successfully raised $2.5 billion in new equity through a private placement. The refinery disclosed this ...