Africa: Dangote Raises Africa Investment Ambition to $70bn, Plans 10,000MW Power Intervention
Dangote said the plan will support industrial growth and jobs as the group lifts captive power to 4,500-5,000 megawatts.
- On Thursday, November 12, 2026, Aliko Dangote, President and Chief Executive of Dangote Industries Limited, announced plans to increase the group's investment programme in Africa from $50 billion to about $70 billion under Vision 2030.
- Dangote emphasized that African businesses must move beyond exporting raw materials and buying back processed products at inflated prices, stating the continent must build a productive economy to avoid continued economic difficulties.
- Separately, the group plans a major intervention in electricity generation with 10,000 megawatts across Africa; captive power could rise from 1,500 megawatts to between 4,500 and 5,000 megawatts by 2030.
- Dangote urged entrepreneurs to recognize when ventures become commercially unviable, yet encouraged SMEs to build opportunities around major industrial projects as suppliers and service providers.
- According to Dangote, government's principal responsibility is creating an enabling environment through good policies, as inconsistent policies and unreliable electricity remain significant barriers to investment across Nigeria.
12 Articles
12 Articles
Africa: Dangote Raises Africa Investment to $70bn, Plans 10,000mw Power Intervention
President and chief executive of Dangote Industries Limited, Aliko Dangote, has disclosed plans to increase the group's investment programme in Africa from $50 billion to about $70 billion under its Vision 2030.
Dangote to raise Africa investment to $70bn, eyes 10,000MW power programme - EnviroNews - latest environment news, climate change, renewable energy
President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has disclosed plans to increase the group’s investment programme in Africa from $50 billion to about $70 billion under its Vision 2030, with a major intervention in electricity generation to support industrial growth. Addressing creative industry stakeholders from Northern Nigeria, including content creators, journalists, bloggers, entertainers and Kannywood […]
Dangote Plans To Raise Africa's Investment To $70bn, Eyes 10,000MW Power Project
President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has announced plans to increase the group’s investment target in Africa from $50 billion to about $70 billion under its Vision 2030 programme. Dangote also disclosed plans for a 10,000-megawatt electricity generation intervention across Africa, potentially including Nigeria, to address power shortages and support industrial […]
Dangote Plans to Generate 10,000MW Electricity
By Modupe Gbadeyanka Africa’s richest man, Mr Aliko Dangote, is planning to generate about 10,000 megawatts of electricity across Africa under his company’s Vision 2030. The businessman, speaking with creative industry stakeholders from Northern Nigeria, including content creators, journalists, bloggers, entertainers and Kannywood stars, also disclosed that he intends to raise his investment on the […]
Africa: Dangote Raises Africa Investment Ambition to $70bn, Plans 10,000MW Power Intervention
Billionaire industrialist and President/Chief Executive of Dangote Industries Limited, Aliko Dangote, has disclosed plans to increase the group’s investment programme in Africa from $50 billion to about $70 billion under its Vision 2030, with a major intervention in electricity generation to support industrial growth. Addressing creative industry stakeholders from northern Nigeria, including content creators, journalists, […]
Dangote plans 10,000MW power investment across Africa
By Francis Ajuonuma President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has unveiled plans to expand the group’s investment ambition in Africa from $50bn to about $70bn by 2030, with a proposed 10,000-megawatt power generation intervention to support industrial growth. Dangote disclosed this while addressing creative industry stakeholders from Northern Nigeria, …
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
