Dangote to Boost Africa's Refining Capacity to 2.1m BPD

Dangote Group has outlined a long-term expansion strategy to increase its total refining capacity in Africa to 2.1 million barrels per day, which will include 1.4 million barrels per day in Nigeria and a new 700,000 barrels per day refinery complex in Kenya aimed at serving the East African market. The group plans to invest an additional $46 billion from 2026 to 2028 across its refining, cement, and fertilizer businesses to accelerate industrialization in Africa.

In a strategic move, Dangote Petroleum Refinery has commenced discussions with the Republic of Congo's Société Nationale de Pétrole du Congo (SNPC) to establish a partnership focused on strengthening the supply of refined petroleum products and advancing regional energy cooperation. Maixent Raoul Ominga, the Managing Director of SNPC, expressed interest in developing a long-term partnership with Dangote, recognizing the refinery as a significant industrial achievement in Africa.

Aliko Dangote reaffirmed the group's commitment to Africa's industrialization and enhancing energy security.