Dangote Refinery Expands Market Influence, Eyes Investment in Burundi

The 650,000 barrels per day Dangote Petroleum Refinery, Africa’s largest single train facility, continues to reshape Nigeria’s downstream oil market. Since commencing the supply of Premium Motor Spirit to the domestic market, the refinery has emerged as a dominant pricing reference point for ex depot rates, reinforcing its strategic role in reducing fuel imports and easing pressure on foreign exchange demand.

In a parallel move, Dangote Group President Aliko Dangote has initiated plans for new investments in Burundi. Accompanied by former President Olusegun Obasanjo, he held high level discussions with Burundian President Evariste Ndayishimiye to explore sector specific opportunities. Two technical teams have been established to identify priority areas and structure bankable projects, reflecting a structured investment approach.

The proposed expansion focuses on solid minerals, power generation, agriculture, cement production, infrastructure and logistics. The initiative aligns with Burundi’s industrialisation agenda while reinforcing Dangote’s broader continental strategy of deepening African based industrial investment and regional economic integration.

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