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Nigeria’s Dangote refinery plans $14 billion expansion as it signs IPO documents
82 billion in the first half of 2026, compared with a $476 million loss for all of 2025.
Aliko Dangote, with a net worth estimated at up to $35 billion, also plans to build a refinery on Kenya's coast in partnership with East African governments.
REFINERY SWUNG TO PROFIT IN FIRST HALF The IPO prospectus also showed the refinery made an after-tax profit of $1.
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