…to the firm, the transaction also builds on its longstanding relationship with the Dangote Industries Group. AELEX said it previously acted as solicitor to the issuer in the N60 billion IPO of Dangote Sugar Refinery Plc. The firm also said it had advised on other major projects within the group, including the US$798 mi…
…capabilities of both firms. Alhaji Aliko Dangote, President and Chief Executive of Dangote Industries Limited, said: “This is an important milestone for DPRP and for African capital markets. “The successful completion of the private placement, together with the $400 million underwriting commitment provided by Pan-Afric…
…signal that the environment is conducive to investment.” The industrialist revealed that Dangote Industries recently raised an unsecured and unrated bond at rates below Nigeria’s sovereign benchmark, demonstrating growing investor confidence in credible Nigerian private-sector institutions. According to him, the succes…
…confidence in DPRP’s long-term strategy.” The President and Chief Executive Officer of Dangote Industries Limited and Chairman of Dangote Petroleum Refinery and Petrochemicals, Aliko Dangote, said the transaction would help strengthen the company’s ownership structure while providing additional funding for expansion. H…
…development in a telephone interview with Vanguard, the Group Vice President, Oil & Gas, Dangote Industries Limited, Engr. Devakumar Edwin, said: “We are operating at full capacity and exporting part of our production because we are receiving very little crude under the naira-for-crude arrangement. “Although the manage…
The President & Chief Executive Officer of Dangote Industries Limited, Alhaji Aliko Dangote, has urged the Federal Government to direct capital injection into six marine priority areas. Listing the marine areas during the 2nd Quarter 2026 Citizens/Stakeholders' Engagement held by the Federal Ministry of Marine and Blue…
Dangote Industries Limited has commenced preliminary works on its proposed $17bn, 700,000-barrels-per-day refinery in Kenya, marking the first major step towards what is expected to become East Africa's largest refining project. The company said the project has advanced beyond the planning stage, with the site already…
The President of Dangote Industries Limited, Aliko Dangote, has said strategic investments in aquaculture, hatcheries, feed production, processing, cold-chain logistics and export infrastructure could reduce imports, conserve foreign exchange, create more than 500,000 jobs and position Nigeria as a leading exporter of…