Afreximbank

Alhaji Aliko Dangote, president of the Dangote Group, announced plans to transform his conglomerate into a $100 billion enterprise by 2030 during the Afreximbank Legacy Conference in Cairo. The vision includes doubling refinery production to cut fuel prices by up to 50 percent and boosting Africa's self-sufficiency in energy and manufacturing. The announcement coincided with the investiture of Dr. George Elombi as Afreximbank's new president.