Dangote targets $10 billion power investment, considers cancelling steel business

NAIRAMETRICS | 22-09-2026 07:56am |

Aliko Dangote has announced plans to invest over $10 billion in power generation, stating that electricity is critical to Africa's economic growth. He also indicated that he is considering cancelling his steel business. The decision comes as part of his broader strategy to focus on power infrastructure. Dangote emphasized the importance of reliable electricity for industrial development across the continent.

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