$19bn Petrochemicals Plant Earn Aliko Dangote Afreximbank‘s Award

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$19bn Petrochemicals Plant Earn Aliko Dangote Afreximbank‘s Award
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President of Dangote Group, Aliko Dangote has been recognised and given the ‘Founder of the Year 2023’ award by the African Export-Import Bank (Afreximbank).

The refinery is designed for 100 per cent Nigerian Crude with flexibility to process other crudes. Self-sufficient Marine facility with ability for freight optimization. Largest single order of 5 SPMs anywhere in the world.

65 Million Cubic Metres of Sand dredged costing approx. Euros 300 million, using the world’s largest, the second largest and the tenth largest dredgers to elevate the height by 1.5 metres, to insure against any potential impact of increase in mean sea level due to global warming. Developed a port and constructed two quays with a load bearing capacity of 25 tonnes/ sq meter to bring Over Dimensional Cargoes close to the site directly. Constructed two more quays in the port with a capacity to handle up to Panamax vessels to export the fertiliser and the petrochemicals and two quays to handle liquid cargoes. The port will thus have six quays, including a Roll-on/Roll-off quay.

“Two other greats of industry, the Zimbabwean Strive Masiyiwa and the Togolese Koffi Gervais Djondo were also recognised for their outstanding contributions to African business and industry. Masiyiwa is the founder of Liquid Intelligent Technologies, which has the largest network of fibre optic cables on the continent, Cassava Technologies, and Econet, the largest telecoms and mobile payment operator in Zimbabwe.

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