By InvestAdvocate Lagos (INVESTADVOCATE)- Africa’s richest man, Aliko Dangote said on Tuesday Dangote Group has signed a $2 billion loan deal with the Industrial Commercial Bank of China Ltd for two (2) cement plants, according to a Reuters report. “The interest rate is okay, quite favorable with me,” Dangote […]
Tag: Aliko Dangote
Dangote Eyes Majority Stake in Peugeot Nigeria-Reuters
By InvestAdvocate Lagos (INVESTADVOCATE)-Aliko Dangote, Africa’s richest man, has teamed up with Kaduna and Kebbi two (2) Nigerian states to bid for a majority stake in Peugeot Automobile Nigeria (PAN) Limited, a Reuters report on Thursday quoted Nasir El-Rufai, the governor of Kaduna State. According to the report, governor El-Rufai […]
Dangote plans to generate 12,000MW of electricity
March 8, 2016March 8, 2016/Punch Akinpelu Dada and Oyetunji Abioye The President, Dangote Industries, Aliko Dangote, has said his company should be able to generate about 12,000 megawatts of electricity for the country by 2018. He also said that his business estate would start selling foreign exchange to the Central […]
