Dangote Group has outlined plans to grow turnover to US$100 billion by 2030 by scaling and optimising its existing platforms and expand capacity across all active sectors.
- •Key initiatives include increasing the capacity of the Dangote Petroleum Refinery from 650,000 barrels per day (bpd) to 1.4 million bpd.
- •The conglomerate intends to quadruple its fertiliser production from 3 million tonnes per annum to 12 million tonnes per annum, a move that would position the Group as the world’s largest producer of urea fertiliser.
- •In its “Vision 2030: Supercharging Dangote Group for Long Term Success”, presented to Afreximbank's board and estimated to require at least $40 billion in new investments, Dangote's strategy outlines a two‑phase expansion programme spanning 2025–2028 and 2028–2030.
The expansion strategy encompasses rapid growth across other business lines, including cement, rice, and broader food production.
Beyond its current portfolio, the Group has identified new investment opportunities in infrastructure — including ports and pipelines — as well as gas, mining (as a gateway for semi‑processed and value‑added mineral exports), data centres to support Africa’s digital transformation and enterprise resilience, and power, described as the engine of Africa’s industrial transformation.
