Aliko Dangote, Dangote Cement and the Dangote Refinery
Aliko Dangote holds about 86.8% of Dangote Cement and about 87% of the Dangote refinery 12.
Aliko Dangote's companies
| Company | Role |
|---|---|
| Dangote Group | Founder; conglomerate in cement, sugar, refining and more |
| Dangote Cement | Holds about 86.8% |
| Dangote Petroleum Refinery and Petrochemicals | Retains about 87% after the 2026 IPO |
| Dangote Sugar Refinery | Group company |
Dangote Cement
Shares hit a record of ₦1,420 in October 2026, lifting the company's market value to ₦23.96 trillion, above Airtel Africa. Profit after tax for the nine months to September rose 31% to ₦974.8 billion 1.
The refinery
Dangote Petroleum Refinery and Petrochemicals is listed on the Nigerian Exchange after an IPO of 4.1 billion shares at ₦525, raising about ₦2.15 trillion. SEC approval came on 5 September 2026 and the offer ran from 14 September to 13 October. The plant has nameplate capacity of 650,000 barrels a day 12.
Other businesses
Wikipedia lists a sugar refinery, a Peugeot assembly plant completed in February 2022 with Stellantis, and the Kenyan safari operator Pollman's Tours and Safaris, acquired in May 2025 3.