Dangote Industries Limited has unveiled plans to invest an additional $46 billion across its refining, cement and fertiliser businesses over the next three years as it pursues an ambitious strategy to expand industrial production and strengthen Africa’s manufacturing base.
The investment programme, scheduled for implementation between 2026 and 2028, will also support the company’s goal of increasing its combined refining capacity to 2.1 million barrels per day through projects in Nigeria and Kenya.
The expansion plan was disclosed during a meeting between officials of Dangote Industries and a delegation from the Société Nationale des Pétroles du Congo (SNPC), the Republic of the Congo’s national oil company, which visited the Dangote Petroleum Refinery in Lagos to explore areas of long-term cooperation.
According to the company, the strategy includes maintaining a refining capacity of 1.4 million barrels per day in Nigeria while developing a 700,000-barrel-per-day refinery in Kenya to serve growing demand across East Africa.
The proposed Kenyan facility is expected to complement the group’s existing operations and improve the availability of refined petroleum products across the region, reducing reliance on fuel imports from outside the continent.
Dangote Industries said its broader investment programme is aimed at accelerating industrial development by expanding production capacity in sectors considered critical to Africa’s economic growth, including energy, construction materials and agriculture.
The discussions with the Congolese delegation also centred on opportunities to deepen regional cooperation in petroleum products supply, refining, energy security and technical collaboration.
Officials from the Republic of the Congo described the Dangote refinery as a major industrial asset for Africa and expressed interest in establishing a long-term partnership that would strengthen access to refined petroleum products while creating mutual economic value.
The delegation also acknowledged Dangote Industries’ investments in the Republic of the Congo’s cement industry, noting that the projects have contributed to increased local production capacity and improved the supply of construction materials.
Speaking during the engagement, President and Chief Executive of Dangote Industries Limited, Aliko Dangote, reiterated the group’s commitment to supporting Africa’s industrial transformation through investment, value addition and strategic partnerships across the continent.
The latest expansion plans further reinforce Dangote Industries’ position as one of Africa’s largest industrial groups, with investments spanning refining, petrochemicals, cement, fertiliser and other manufacturing sectors designed to promote regional economic integration and long-term growth.