Dangote Industries Limited has announced a massive $46 billion investment plan across its refining, cement, and fertiliser operations over the next three years, aiming to boost industrial production and strengthen Africa’s manufacturing base. The expansion, set to run from 2026 to 2028, underscores the company’s commitment to regional economic development and energy self-sufficiency. The plan includes increasing the group’s total refining capacity to 2.1 million barrels per day, with major projects in Nigeria and Kenya.
The company intends to maintain a refining capacity of 1.4 million barrels per day in Nigeria while constructing a new 700,000-barrel-per-day refinery in Kenya. This East African facility is expected to meet rising demand for refined petroleum products and reduce the region’s dependence on imported fuel. The Kenyan refinery will complement existing operations and enhance energy security across the continent.
The announcement came during a high-level meeting between Dangote Industries officials and a delegation from the Société Nationale des Pétroles du Congo (SNPC), the national oil company of the Republic of the Congo. The delegation visited the Dangote Petroleum Refinery in Lagos to explore long-term cooperation in refining, energy supply, and technical collaboration. Discussions focused on strengthening regional partnerships to ensure stable access to refined petroleum products and promote mutual economic benefits.
Officials from the Republic of the Congo praised the Dangote refinery as a key industrial asset for Africa. They highlighted the company’s existing investments in the Congolese cement sector, noting that these projects have significantly improved local production capacity and the availability of construction materials. The delegation expressed strong interest in expanding cooperation with Dangote Industries to support broader industrial growth.
Aliko Dangote, President and Chief Executive of Dangote Industries Limited, reaffirmed the group’s dedication to Africa’s industrial transformation. He emphasized the importance of investment, value addition, and strategic partnerships in driving sustainable development across the continent. The company’s diversified portfolio includes refining, petrochemicals, cement, fertiliser, and other manufacturing sectors, all aimed at promoting regional economic integration.
This $46 billion expansion solidifies Dangote Industries’ position as one of Africa’s largest industrial conglomerates. The investments are expected to create jobs, boost local economies, and reduce Africa’s reliance on imported goods. As the continent seeks to achieve greater self-reliance, Dangote’s plans represent a major step toward a more resilient and industrially advanced future.
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