The worst-ever bomb attack on Nigeria’s capital which killed at least 75 people has sparked concern Islamists are shifting their targets from the northeast to the center and south of Africa’s biggest oil producer.
Dangote Group, controlled by Africa’s richest man Aliko Dangote, is considering the purchase of Nigerian oil fields as international companies plan to sell onshore assets in the continent’s top crude producer.
Dangote Group, the Nigerian company controlled by Africa’s richest man Aliko Dangote, plans to invest about $16 billion in cement, petrochemicals and agriculture over the next four years to boost expansion.
Africa’s richest man Aliko Dangote said his Dangote Group would join the ranks of the world’s biggest 100 companies within three years as he invests in cement, agriculture and oil refining across the continent.
Dangote Cement Plc, whose merger with Benue Cement Co. makes it Africa’s biggest producer of the building material by capacity, plans to raise capacity more than fivefold by 2015 through expansion amid a construction boom in Africa, Chief Operating Officer Kunle Alake said.
Dangote Cement Plc , Africa’s biggest producer of the material by capacity that listed in Nigeria today, will sell as much as $3.5 billion in shares in public offerings over two years, Afrinvest (West Africa) Ltd. said.