Archives Tag: Dangote Group
Agriculture BUSINESS ECONOMY Food News
Dangote Group to Invest $36 million in Food Processing Plant
April 19, 2022
Dangote Group, through its subsidiary, Dansa Foods, has said it will invest $36 million in the construction of the continent’s largest high-energy food processing plant in Nigeria. The announcement, made on the sidelines of the United Nations General Assembly, in New York, by Nigeria’s Minister for Agriculture, Akinwunmi Adesina, will be a boost to Agriculture … Continue reading Dangote Group to Invest $36 million in Food Processing Plant
By sheyi
Dangote Group to Build $400M Cement Factory in Kenya – Presidency
April 19, 2022
The office of the President of Kenya, released a statement over the weekend, during President Goodluck Jonathan’s state visit to Kenya, that Dangote Group has signed an agreement to build a new cement factory in Kenya that will cost $400 million. The statement, as part of the renewed bilateral relations between Nigeria and Kenya, says, … Continue reading Dangote Group to Build $400M Cement Factory in Kenya – Presidency
By sheyi
Kenya Offers Oil blocs, Visas to Nigerian Investors
April 19, 2022
President Goodluck Jonathan was on a state visit at the weekend to Kenya, where he met with his Kenyan counterpart President Uhuru Kenyatta, Kenyan businesses leaders, and the Nigerian community there. There were several bilateral and trade agreements signed, and Kenya has offered oil wells and visas covering between five to ten years to genuine … Continue reading Kenya Offers Oil blocs, Visas to Nigerian Investors
By sheyi
Dangote Group Seeks $3.3 Bn to Finance Refinery Project
April 19, 2022
Dangote Group has announced that it would borrow $3.3 billion to finance a $9 billion oil refinery and petrochemical complex in Nigeria. The Group said it was seeking a further $2.25 billion from development funds for the project, into which it would put $3.5 billion of its own equity. The refinery is expected to have … Continue reading Dangote Group Seeks $3.3 Bn to Finance Refinery Project
By sheyi
Dangote Group and China’s Sinotruk Sign $100 Million Deal
April 19, 2022
A significant milestone in China’s trade relations with Africa was reached recently when industrial giant Dangote Group of Nigeria and Shandong-based China National Heavy Duty Truck Company (Sinotruk) signed a contract for delivery of 1,700 heavy trucks and 1,700 semi-trailers. The contract was concluded on the eve of the state visit to China by Nigeria’s President … Continue reading Dangote Group and China’s Sinotruk Sign $100 Million Deal
Experiential Marketing Conference to Reshape Industry, Organisers Say
April 19, 2022
With the projected surge of 35% by 2015 in global experiential marketing budgets, the marketing communication industry in Nigeria must re-strategize to maximally benefit from this trend, Redbutton International has advised. The increase in the budget, according to the company, signifies a slight restructure of conventional advertising budgets, with a view to supporting experiential marketing … Continue reading Experiential Marketing Conference to Reshape Industry, Organisers Say
Aliko Dangote is Worth $16.1 billion, Mike Adenuga, $4.7 billion, in Newly Released Forbes Rich-list
April 19, 2022
Alhaji Aliko Dangote, is the 43rd richest man on earth today, according to the 2013 list of world’s billionaires, compiled by Forbes Magazine. He is worth $16.1 billion, with assets from his cement, sugar, flour and other businesses. He is number one in Nigeria and Africa. Dangote, 55, retains his position as Africa’s richest man for … Continue reading Aliko Dangote is Worth $16.1 billion, Mike Adenuga, $4.7 billion, in Newly Released Forbes Rich-list
GE Signs Strategic Partnership Agreement With Dangote Group
April 19, 2022
The visit, last week, of General Electric’s CEO, Jeff Immelt, to Nigeria, that had him announce an energy investment deal, and a deal with Transcorp, also produced another, on infrastructural development, with Dangote Group. This will have both organizations collaborate on transportation (railway) and energy projects, with joint investment and oversight. The strategic partnership of … Continue reading GE Signs Strategic Partnership Agreement With Dangote Group
Forbes: Aliko Dangote is Africa’s Richest with $12 billion
April 19, 2022
Nigerian industralist, Aliko Dangote has topped Forbes Africa’s 40 richest list for the second year, with a net worth of $12billion, up from $10.1 billion, in November 2011. According to Forbes, most of his net worth lies in Dangote Cement PLC, a company which operates in 14 African countries. Aliko Dangote, GCON, born April 10, … Continue reading Forbes: Aliko Dangote is Africa’s Richest with $12 billion
By kobe
