Dangote

Billionaire Nigerian businessman Dangote has secured a $2.5 billion investment to expand the Lagos refinery. The project aims to increase the refinery's capacity from approximately 650,000 barrels per day to 1.4 million barrels per day by 2028.

Dangote's refinery has exceeded its full capacity in anticipation of a listing that could value it near $50 billion. The refinery is part of a pan-African initiative.

The Apapa-Oworonshoki Expressway in Nigeria recently experienced gridlock, reigniting concerns about the administrative failures that plagued the nation's busiest port corridor for over two decades. The Expressway's total reconstruction by Dangote aimed to address past issues of traffic congestion, economic loss, and hardship for residents and businesses.

Djibouti has announced plans for Dangote and Ethiopia to construct pipelines to its port. The project aims to enhance infrastructure and facilitate trade through the strategic Red Sea location. This development represents significant investment in regional pipeline connectivity.