Dangote Refinery announces $14.3 billion expansion plan and landmark IPO
The Dangote Petroleum Refinery has announced plans to invest $14.3 billion to double its refining capacity from about 700,000 barrels...
Tag Archives: #AfricaBusiness
Dangote Refinery gets approval for Africa’s biggest-ever IPO
The Dangote Petroleum Refinery has received approval from Nigeria’s Securities and Exchange Commission (SEC) to proceed with its initial public...
Nigerian billionaire Phillip Ihenacho sells 90% of Azura Power to Abu Dhabi investor
Nigerian billionaire Phillip Ihenacho is set to sell a majority stake in Azura Power after Abu Dhabi-based energy infrastructure investor...
ExxonMobil Awards $1.1 Billion in Contracts for Mozambique’s Rovuma LNG Project
MAPUTO, Mozambique — ExxonMobil and its partners have awarded approximately $1.1 billion in pre-investment contracts for critical equipment and early...
Libya Seeks Up to $40 Billion Investment to Revive Oil Industry
Libya is seeking between $30 billion and $40 billion in investment to develop its oil and gas resources as the...
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