Dangote Refinery Dangote Refinery The Dangote Refinery is an oil refinery owned by the Dangote Group that is under construction in Lekki, Nigeria. When complete, it will have a capacity to process about 650,000 barrels per day of crude oil. Nigerian businessman Aliko Dangote unveiled early plans for the refinery in September 2013, when he announced that he had secured about $3.3 billion in financing for the project. At the time, the refinery was estimated to cost about $9 billion, of which $3 billion would be invested by the Dangote Group and the remainder via commercial loans, and begin production in 2016.
Bloomberg Global Business Forum of climate investments called "Invest4Climate." Also at the forum, California Governor Edmund G. Brown Jr announced that Bloomberg, Espinosa and Indian business leader Anand Mahindra would co-chair his Global Climate Action Summit. Nigerian industrialist Aliko Dangote also announced an initiative to target one million Nigerian women for small grants using mobile banking. Speakers at the 2017 Global Business Forum included former president Bill Clinton, Mike Bloomberg, Microsoft founder and Bill and Melinda Gates Foundation cofounder Bill Gates, Alibaba Group founder and executive chairman Jack Ma, Apple CEO Tim Cook, PepsiCo chairman and CEO Indra K. Nooyi and NBA superstar LeBron