Dangote Group, which owns the biggest refinery in Africa, has signed an agreement with Chinese construction and mining equipment manufacturer XCMG to buy equipment for accelerating the refinery complex expansion. The Dangote refinery, owned by Africa’s richest person Aliko Dangote, has a processing capacity of 650,000 barrels per day (bpd). Plans are to boost the capacity to 1.4 million bpd with petrochemicals projects. The expansion is currently expected to be completed in three years, according to a statement by Dangote…
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