Bloomberg
The Nigerian Industrial Behemoth That Could Reshape the African Economy
Monday, August 24, 2026
Dangote Group, a Nigerian industrial conglomerate, operates refineries, cement plants, and sugar facilities across Africa. The company reported revenues exceeding 3 trillion Nigerian naira in recent fiscal periods. Dangote's Lekki Refinery in Lagos began operations in 2023 with a capacity of 650,000 barrels per day. The group's industrial assets span multiple African countries and employ tens of thousands of workers.
