Dangote's Double Edged Pitch: A Refinery for Africa or a New Debt Trap? Nigeria's Dangote refinery is poised to embark on an ambitious fundraising campaign, seeking $1.
6 billion from retail investors across the continent. On the surface, this appears as a bold move towards self sufficiency and economic empowerment for Africa.
However, scratch beneath the glossy pitch, and it becomes clear that this development has far reaching implications that warrant closer scrutiny.