Dangote Oil Refinery Investment
Undergoing ipo preparation · Lagos · Last reported May 2026
Source: Billionaires.Africa
Nigerian billionaire Femi Otedola announced a $100 million investment in the Dangote Oil Refinery located in Lagos' Lekki Free Zone. The refinery is Africa's largest industrial project, with a capacity of 650,000 barrels per day, and is transitioning from a privately held mega-project to a publicly traded asset.
- Status
- Prospective
- Sector
- Oil and Gas, Manufacturing (Industrial)
- Location
- Lagos, Nigeria
- Updated
- 22 Jul 2026
- Source
- Billionaires.Africa
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Project Information
Participants
| Not available for this record. |
Status
Original status | undergoing ipo preparation |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Nigerian billionaire Femi Otedola announced a $100 million investment in the Dangote Oil Refinery located in Lagos' Lekki Free Zone. The refinery is Africa's largest industrial project, with a capacity of 650,000 barrels per day, and is transitioning from a privately held mega-project to a publicly traded asset. |
Original sector | Energy |
Budget |
Location
Country | Nigeria |
State | Lagos |
City | Lagos |
Source
Source | Billionaires.Africa |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Manufacturing (Industrial) |
Article published date | 2026-05-23 |
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