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Dangote Eyes Egypt Growth

Dangote Eyes Egypt Growth

Nigeria’s Dangote Group is considering expanding its industrial investments in Egypt following talks with an Egyptian delegation led by Minister of Investment and Foreign Trade Mohamed Farid Saleh at its industrial complex in Lagos. The discussions covered opportunities for joint projects in refining, petrochemicals, fertilizers, manufacturing and energy, with cooperation not limited to building a refinery. The move is part of the group’s “Vision 2030” strategy to expand industrial operations across Africa. The minister noted that the Egyptian and Nigerian markets together have a population of around 400 million.

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