Dangote Family Office Plans 2027 Expansion in Dubai

The family office of Aliko Dangote, Africa’s richest person, is preparing for a major expansion in 2027, as announced by Halima Dangote, one of his daughters overseeing the initiative. The family office will become more visible starting in the first quarter of next year, with a focus on governance, capital management, and philanthropy.

This development coincides with the Dangote Group's new phase of expansion, which has evolved from a commodities trading business into a conglomerate with interests in cement, sugar, salt, fertilizer, oil, and gas. The Dubai-based office is being structured with a long-term succession strategy to ensure the family business lasts for eight to ten generations.

It aims to connect Africa with investment opportunities across the Middle East, Asia, and Europe, while pursuing Sharia-compliant investments. The family office will also support the Dangote Group's Vision 2030 strategy, which includes increasing annual revenue to $100 billion.

Additionally, the Dangote Petroleum Refinery plans to expand its capacity from 700,000 to 1.4 million barrels per day.