Africa’s richest man sets date to maximise his $20 billion refinery as he targets 1.4 million barrels daily

African Insider | 13.10.2026 22:00
Nigeria – Africa’s richest man, Aliko Dangote, has set early 2029 as the target for his $20 billion oil refinery to reach a production capacity of 1.4 million barrels per day, as he pushes ahead with an expansion aimed at strengthening Africa’s industrial capacity and reducing reliance on imported petroleum products.