Aliko Dangote, Africa's richest man, estimates that his Dangote Group will reach $30 billion in revenue within the next two years. This ambitious target is largely driven by the upcoming launch of Dangote's new $12 billion, 650,000 barrel-per-day oil refinery in Lagos, Nigeria.

The Dangote Group, which currently generates around $4 billion in annual sales from its cement, flour, and sugar businesses, is poised for significant growth. Once the new refinery starts production in 2024, it is expected to contribute an estimated $27 billion in annual revenue.

Source: https://www.monepoint.net.ng/2024/07/dangote-group-aims-for-30-billion-in.html