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Dangote Signs $400 Million Equipment Deal With China’s XCMG to Speed up Refinery Expansion
By Isaac Anyaogu Nigeria's Dangote Group has signed a $400 million equipment deal with China's Xuzhou Construction Machinery Group to speed up the expansion of its oil refinery toward a planned 1.4 million barrels per day, the company said on Tuesday.
An Iranian man shouts anti-U.S. and anti-Israeli slogans while standing in front of a portrait of Iran's new Supreme Leader, Ayatollah Mojtaba Khamenei, the son of the late Leader Ayatollah Ali Khamenei, during a rally to pledge allegiance to Mojtaba Khamenei amid the U.S.-Israeli military campaign in Tehran, Iran, on March 9, 2026. (Photo by Morteza Nikoubazl/NurPhoto) (Photo by Morteza Nikoubazl / NurPhoto / NurPhoto via AFP)
By Amanda Chen One week into the war triggered by the American-Israeli joint offensive on Iran launched on Saturday, February 28, Tehran’s retaliation has already expanded from targeting U.S. military assets to striking Gulf energy and civilian infrastructure. On March 7, Iranian President Masoud Pezeshkian publicly apologized to ...
Dangote Signs $400 Million Equipment Deal With China’s XCMG to Speed up Refinery Expansion
By Isaac Anyaogu Nigeria's Dangote Group has signed a $400 million equipment deal with China's Xuzhou Construction Machinery Group to speed up the expansion of its oil refinery toward a planned 1.4 million barrels per day, the company said on Tuesday.