Aliko Dangote Targets $100B Revenue, $200B Valuation for Dangote Group by 2030
Aliko Dangote, Africa's richest man, targets a revenue of $100 billion and a valuation exceeding $200 billion for Dangote Group by 2030. The conglomerate plans to list its $20 billion refinery on the Nigerian Stock Exchange next year and aims to become a top 100 global company.
Dangote intends to double the refinery's capacity to 1.4 million barrels per day, increase petrochemical exports, and offer an IPO by 2026. The group will focus on the domestic market and enhance its production capabilities significantly.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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