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Our Subsea Pipeline Will Curb Gas Flaring, Says Dangote

Our Subsea Pipeline Will Curb Gas Flaring, Says Dangote   Dangote Industries Limited said on Sunday that its subsea gas pipeline project would unlock significant gas supply for industrial activities and reduce flaring in Nigeria. The pipeline project is part of Dangote’s multibillion-dollar gas pipeline, fertiliser, petrochemicals...

Dangote Organizes $4.5bn Financing For Refinery

Dangote Organizes $4.5bn Financing For Refinery   The President, Dangote Industries Limited, Aliko Dangote, has arranged more than $4.5bn in debt financing for his crude oil refinery project and aims to start production in early 2020. Dangote, Africa’s richest man, is building a refinery with a capacity...

Dangote Group Appoints Alake As GMD

Dangote Group Appoints Alake As GMD Dangote Industries Limited (DIL) has announced new appointments in order to strengthen the group’s executive management team and sustain its strategic business growth trajectory as Africa’s foremost indigenous conglomerate. In the new organizational rejig, Olakunle Alake the erstwhile Chief Operating...

Dangote Sells 2.3% Cement Stake to Foreign Investors

Dangote Industries Limited sold 2.3 per cent stake in Dangote Cement Plc to foreign investors on Tuesday in a stock market deal valued at N86.1bn ($236m). Africa’s biggest cement maker has been selling small stakes to increase its free float, which is well below the...

Dangote Starts Construction of Concrete Roads in States

Dangote Industries Limited has announced the commencement of the construction of concrete roads in various states across the country, particularly in Lagos, Bauchi, Kogi, Kaduna and Ogun states. “We are very happy at the moment. We can categorically state that we are in more than...