“We want we want to do power, that will be about 2,000 mw, that is infrastructure. We will be investing in petrochemical, which has to do with fertiliser and so on. We will do mining. These three things in the next three years, will be gulp $7 billion. We will put down our equity of about $2.5 billion and borrow $4.5 billion dollars.” – Aliko Dangote, Chairman, CEO Dangote Group
Elsewhere on Ventures
Business
- Lagos plays host to the Africa Technology Expo this June
- Unlock the African continent in 2024 with FMAS:24!
- Weekly economic index: Mobility startups take the lead in funding, Niger and China’s oil deal, and CBN’s interest rate on treasury bills
- Weekly Economic Index: Starlink cuts Users in SA, Kenya’s database to halt tax evasion and Nigeria’s economy slips to fourth-largest.
Policy
Life
Innovation
- M-KOPA and Bolt partner to launch e-bike initiative in Kenya
- Ghana’s tax policy expansion involves taxing the gig economy and content creators
- The future of healthcare on display: Day 1 of Medlab West Africa wraps up
- Empowering women in Nigerian healthcare: How Medic West Africa is fostering connections and addressing challenges