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Pic: Dangote
Nigeria to become Africa’s petrochemical hub with $2 bn plant

27th Jul 2022

Multinational industrial conglomerate Dangote Industries Limited has announced that its $2 billion plant in Lagos, which has the potential to position Nigeria as one of Africa’s largest petrochemical hubs, is at an advanced stage of completion. The plant is anticipated to be the biggest single train greenfield petroleum refinery in the world.

Pic: Mouka
Dolidol acquires Nigerian company Mouka Foam

29th Dec 2021

Investment firm, Development Partners International (DPI), has announced the signing of Dolidol’s acquisition of Mouka, owners of Mouka Foam, making Dolidol a regional champion and leader in the African bedding and mattress industry. Mouka is a polyurethane foam mattress manufacturer. The company has three factories strategically located in Nigeria.

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