Dangote Raises Africa Investment Target to $60 Billion, Begins $2.5 Billion Namibia Project

Billionaire industrialist Dangote launches $2.5 billion Namibia fuel ...

Aliko Dangote Raises Africa Investment Target to $60

Aliko Dangote has increased his Africa-wide investment target to $60 billion by 2030, initiating this bold expansion with the groundbreaking of a $2.5 billion fuel hub in Namibia.

Aliko Dangote raises Africa investment target to $60 billion

Nigerian billionaire Aliko Dangote has raised his target for investment across Africa to $60 billion by 2030, as he broke ground on a $2.5 billion fuel storage hub and pipeline project in Namibia.Dangote announced the higher target on Wednesday at a ceremony outside Walvis Bay, Namibia’s main port, attended by President Netumbo Nandi-Ndaitwah. The new goal is 20% above the $50 billion target he set earlier, according to Bloomberg and Nairametric…

Dangote Invests $2.5bn In Namibia, Raises African Investment To $60bn

Dangote Industries Limited has increased its investment ambition towards 2030 from $50 billion to $60 billion, signalling plans to expand its industrial footprint across Africa. President and chief executive of the Group, Aliko Dangote, announced the new target at the launch of its $2.5 billion investment in petroleum storage and a regional pipeline in Walvis […]

Dangote Raises Africa Investment Target to $60 billion, Begins $2.5 billion Namibia Project

Aliko Dangote, President of Dangote Group, has increased his investment target for Africa’s industrialisation from $50 billion to $60 billion by 2030, as he expands his energy infrastructure footprint across the continent. According to Bloomberg, the billionaire announced the revised target on Wednesday, November 4, 2026, during the groundbreaking ceremony for a $2.5 billion fuel […]

Dangote Raises Africa Industrialisation Target to $60 Billion

Aliko Dangote, president of the Dangote Group, has raised his investment target for Africa’s industrialisation from $50 billion to $60 billion by 2030, marki...