Dangote Raises Africa Investment Target to $60 Billion, Breaks Ground on $2.5 Billion Namibia Project

Dangote Group has raised its Africa industrialisation investment target to $60 billion and commenced a $2.5 billion fuel infrastructure project in Namibia, signalling a major cross-continental expansion of its industrial footprint. The combined announcement positions Dangote as one of the continent's most active large-scale private infrastructure investors.