Dangote Group Seals $400M Deal with China’s XCMG to Double Refinery Capacity

By: ThinkBusiness Africa LAGOS, Nigeria — The Dangote Group said on Tuesday that it has signed a $400 million agreement with China’s Xuzhou Construction Machinery Group (XCMG). The deal secures a fleet of advanced heavy-duty equipment to fast-track the expansion of the Dangote Petroleum Refinery, aiming for a global-record capacity...