Dangote raises Africa investment target to $60 billion, begins $2.5 billion Namibia project

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Aliko Dangote raised his target for investments in African industrialisation to $60 billion by 2030, up from $50 billion. Dangote Group has also begun a $2.5 billion project in Namibia, extending its energy infrastructure investments across the continent.

Aliko Dangote, President of Dangote Group, has increased his investment target for Africa’s industrialisation from $50 billion to $60 billion by 2030, as he expands his energy infrastructure footprint across the continent. According to Bloomberg, the billionaire announced the revised target on Wednesday, November 4, 2026, during the groundbreaking ceremony for a $2.5 billion fuel […] The post Dangote raises Africa investment target to $60 billion, begins $2.5 billion Namibia project appeared first on Nairametrics.