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The Dangote Group is a Nigerian multinational industrial conglomerate, founded by Aliko Dangote. [2] It is the largest conglomerate in West Africa and one of the largest on the African continent. The group employs more than 30,000 people, generating revenue in excess of US$ 4.1 billion in 2017.
The Dangote Refinery is an oil refinery owned by Dangote Group that was inaugurated on 22 May 2023 [1] in Lekki, Nigeria. When fully operational, it is expected to have the capacity to process about 650,000 barrels of crude oil per day, making it the largest single-train refinery in the world.
Dangote Cement Plc is a subsidiary of Dangote Group and is the largest company traded on the Nigerian Stock Exchange. [5] Dangote Cement listed on the Nigerian Stock Exchange in October 2010, and as at August 2014 accounts for 20% of the total market capitalization of the Exchange. [6] In 2014, the Investment Corporation of Dubai (ICD ...
Dangote Cement operates a three million tonne (annual capacity) plant in Mtwara, southern Tanzania and is the largest cement factory in the country. [ 2 ] The company has also applied to build a 75MW coal powered power plant, adjacent to the factory, to provide reliable electrify to the factory and neighboring community.
Ethiopia has 20 cement factories which produce mainly OPC and PPC cement. Two other cement factories are in the pipeline. As of 2017, production capacity in Ethiopian, according to the Ethiopian Reporter, [14] has increased to 15 million tonnes per year, but local consumption is only 6 million tonnes per year.
Aliko Dangote (born 10 April 1957) is a Nigerian businessman and industrialist. He is the first man to build a private refinery in Nigeria. Forbes estimates his net worth at US$10.7 billion and Bloomberg Billionaires Index at $27.1 billion, and ranked 225th and 75th richest individual in the world respectively in 2025.
Rank Company Industry Revenue (US$ billions) Headquarters 1: Sonatrach: Oil and gas: 77.013 Algeria 2: Eskom: Electric utility: 13.941 South Africa 3: Sasol: Chemistry: 12.989 South Africa 4: MTN Group
The Nigerian Stock Exchange (NSE), now Nigerian Exchange Group, is an integrated stock exchange group in Africa founded in 1961 in Lagos.Following the demutualization of the NSE in 2021, NGX Group now has 3 subsidiaries - Nigerian Exchange Limited (NGX), the operating exchange; NGX Regulation (NGX RegCo, the independent regulation company; and NGX Real Estate (NGX RelCo).