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Dangote to Extend Business Footprint to Power Sector, Plans…
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Dangote to Extend Business Footprint to Power Sector, Plans 20,000MW Plant
Dangote plans to expand into the power sector with a new 20,000MW plant to address Africa's power deficit and enhance industrial output. Additionally, dividends from the Dangote refinery will now be paid in dollars.
BF
The Briefing Africa
May 7, 2026 · 05:41 · 5 min read
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Dangote plans to expand into the power sector with a new 20,000MW plant to address Africa's power deficit and enhance industrial output. Additionally, dividends from the Dangote refinery will now be paid in dollars.
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This strategic move by Dangote Group aims to significantly contribute to resolving the ongoing energy challenges in Africa, potentially leading to increased industrial productivity and economic growth in the region.