Dangote signs $400m construction equipment deal with China’s XCMG

Nigerian industrial conglomerate Dangote Group has signed a $400m construction equipment agreement with XCMG Construction Machinery, a Chinese manufacturer of construction machinery. The agreement will help boost the capacity of the Dangote Petroleum Refinery & Petrochemicals from 650,000 barrels per day to 1.4 million barrels per day. This expansion aims to position it among the largest refineries in the world. The agreement enables Dangote to access a wider range of advanced construction equipment for ...