• Contact
Saturday, January 28, 2023
  • Login
The African Business - News About African business
  • Home
  • EconomyNew
    Shocking IMF report reveals Angola and Ethiopia to surpass Kenya as top economies in Sub-Saharan Africa

    Shocking IMF report reveals Angola and Ethiopia to surpass Kenya as top economies in Sub-Saharan Africa

    Ethiopia and the World Bank sign financing agreements worth $745 million

    Ethiopia and the World Bank sign financing agreements worth $745 million

    Africa must fight ‘strongman’ backslide, billionaire Ibrahim says

    Africa must fight ‘strongman’ backslide, billionaire Ibrahim says

    Trending Tags

  • Business
    Africa will have 57 million pay TV subscribers by 2028, report

    Africa will have 57 million pay TV subscribers by 2028, report

    Africa startups defy funding slump as debt financing fuels growth

    Africa startups defy funding slump as debt financing fuels growth

    Port of Maputo achieves new handling record, sees soaring chrome throughput

    Port of Maputo achieves new handling record, sees soaring chrome throughput

    Court told Anglo turned blind eye to Zambian lead poisoning

    Court told Anglo turned blind eye to Zambian lead poisoning

    Ethiopian Airlines set to fly to Atlanta

    Ethiopian Airlines set to fly to Atlanta

    Angola: Poor Management of the Petroleum Sector with Effects on Declining Production

    Angola Sonangol plans to list on Angolan stock exchange by 2027

    Nigeria artists conquer the NFT marketplace in Africa

    Nigeria artists conquer the NFT marketplace in Africa

    African mobile game publisher Carry1st raises $27M in funding round led by Bitkraft Ventures

    African mobile game publisher Carry1st raises $27M in funding round led by Bitkraft Ventures

    The global online music streaming market to reach $29 billion by 2027, report

    The global online music streaming market to reach $29 billion by 2027, report

  • Finance
    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

    There was a 25% increase in finance app installs across Africa between 2021 and 2022

    There was a 25% increase in finance app installs across Africa between 2021 and 2022

    Yellow Card expands payment feature across Africa

    Yellow Card expands payment feature across Africa

    Government starts payment of $674,5 trillion matured securities

    Government starts payment of $674,5M matured securities

    South African rand steady with investor focus on Fed minutes

    South African rand steady with investor focus on Fed minutes

    South Africa recently declared bitcoin and other cryptocurrencies to be financial products

    South Africa recently declared bitcoin and other cryptocurrencies to be financial products

    Angola banks entry into local Bourse gives credibility to economy

    Angola banks entry into local Bourse gives credibility to economy

    Businesses in Nigeria are set to face an upset as interest rate goes up

    Businesses in Nigeria are set to face an upset as interest rate goes up

  • Opinion
  • Lifestyle
  • Sports
  • Green Economy
No Result
View All Result
  • Home
  • EconomyNew
    Shocking IMF report reveals Angola and Ethiopia to surpass Kenya as top economies in Sub-Saharan Africa

    Shocking IMF report reveals Angola and Ethiopia to surpass Kenya as top economies in Sub-Saharan Africa

    Ethiopia and the World Bank sign financing agreements worth $745 million

    Ethiopia and the World Bank sign financing agreements worth $745 million

    Africa must fight ‘strongman’ backslide, billionaire Ibrahim says

    Africa must fight ‘strongman’ backslide, billionaire Ibrahim says

    Trending Tags

  • Business
    Africa will have 57 million pay TV subscribers by 2028, report

    Africa will have 57 million pay TV subscribers by 2028, report

    Africa startups defy funding slump as debt financing fuels growth

    Africa startups defy funding slump as debt financing fuels growth

    Port of Maputo achieves new handling record, sees soaring chrome throughput

    Port of Maputo achieves new handling record, sees soaring chrome throughput

    Court told Anglo turned blind eye to Zambian lead poisoning

    Court told Anglo turned blind eye to Zambian lead poisoning

    Ethiopian Airlines set to fly to Atlanta

    Ethiopian Airlines set to fly to Atlanta

    Angola: Poor Management of the Petroleum Sector with Effects on Declining Production

    Angola Sonangol plans to list on Angolan stock exchange by 2027

    Nigeria artists conquer the NFT marketplace in Africa

    Nigeria artists conquer the NFT marketplace in Africa

    African mobile game publisher Carry1st raises $27M in funding round led by Bitkraft Ventures

    African mobile game publisher Carry1st raises $27M in funding round led by Bitkraft Ventures

    The global online music streaming market to reach $29 billion by 2027, report

    The global online music streaming market to reach $29 billion by 2027, report

  • Finance
    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

    There was a 25% increase in finance app installs across Africa between 2021 and 2022

    There was a 25% increase in finance app installs across Africa between 2021 and 2022

    Yellow Card expands payment feature across Africa

    Yellow Card expands payment feature across Africa

    Government starts payment of $674,5 trillion matured securities

    Government starts payment of $674,5M matured securities

    South African rand steady with investor focus on Fed minutes

    South African rand steady with investor focus on Fed minutes

    South Africa recently declared bitcoin and other cryptocurrencies to be financial products

    South Africa recently declared bitcoin and other cryptocurrencies to be financial products

    Angola banks entry into local Bourse gives credibility to economy

    Angola banks entry into local Bourse gives credibility to economy

    Businesses in Nigeria are set to face an upset as interest rate goes up

    Businesses in Nigeria are set to face an upset as interest rate goes up

  • Opinion
  • Lifestyle
  • Sports
  • Green Economy
No Result
View All Result
The African Business - News About African business
No Result
View All Result
Home Business

Dangote refinery to create 250,000 jobs

TAB by TAB
20/11/2021
in Business
0
Dangote refinery to create 250,000 jobs
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

Dangote refinery to create 250,000 jobs

The management of Dangote Refinery and Petrochemicals has disclosed that the 650,000 barrels per day project will create jobs for at least 250,000 Nigerians when completed and fully operational next year.

Related posts

Africa will have 57 million pay TV subscribers by 2028, report

Africa will have 57 million pay TV subscribers by 2028, report

28/01/2023
1
Africa startups defy funding slump as debt financing fuels growth

Africa startups defy funding slump as debt financing fuels growth

24/01/2023
2

Dangote refinery to create 250,000 jobs

Group Executive Director, Strategy and Capital Projects, Dangote Industries Limited, Mr. Devakumar Edwin, told reporters at the site that the refinery has the potential to turn around Nigeria’s economy with the creation of thousands of direct and indirect jobs.

He said the huge youth unemployment rate and the need to make the country self-reliant in fuel consumption were the major reasons that motivated the President of Dangote Group, Aliko Dangote, to venture into manufacturing.

The director said he was very optimistic that the refinery would be a “game-changer” for Nigeria and the rest of Africa.

According to him, Dangote Industries Limited has succeeded in substantially reducing the high rate of unemployment in the country, with the conglomerate already recruiting youths in its various agricultural schemes and its other subsidiaries. He said Dangote Industries is the highest employer of labour outside the federal government.

Edwin also assured that all things being equal, the Dangote Fertilizer plant’s products will hit the market this month.

He said Dangote Fertilizer has a well-equipped fertiliser soil testing laboratory to ensure the efficiency of the product for farmers.

He explained: “The laboratory will enable us to analyse and identify a particular soil deficiency. Applying the right fertiliser to the soil will enable it to yield maximum results. The goal of our soil testing is to provide an accurate assessment of the soil’s fertility. A proper soil test will help ensure the application of enough fertiliser to meet the requirements of the crop while taking advantage of the nutrients already present in the soil.”

Edwin maintained that Dangote Fertilizer would make Nigeria self-sufficient in fertilizer production while exporting to other African countries.

“Right now, farmers are forced to utilize whatever fertilizer that is available as they have no choice. But, we need to know that the fertiliser that will work in one state may not be suitable in another state, as they may not have the same soil type and composition. The same fertilizer you use for sorghum may not be the fertiliser you will need for sugar cane,” he added.

Dangote refinery to create 250,000 jobs

Source: The Guardian
Previous Post

South Africans looking to sell their homes to emigrate

Next Post

Nigerian fintech Abeg faces its biggest test yet after blitzscaling to millions of users

Next Post
Nigerian fintech Abeg faces its biggest test yet after blitzscaling to millions of users

Nigerian fintech Abeg faces its biggest test yet after blitzscaling to millions of users

RECOMMENDED NEWS

news4

Not Thieves, But Wife, Cleared Funds Out Of Customer Account, Says BRI

1 year ago
1
Qatar Airways unveils first frequent flyer lounge at London Heathrow

Qatar Airways unveils first frequent flyer lounge at London Heathrow

4 months ago
1
Safaricom grows its Baze Platform to Include Music Streaming in Kenya

Safaricom grows its Baze Platform to Include Music Streaming in Kenya

1 year ago
8
Real Madrid offer £41.75m for PSG superstar Kylian Mbappe

Real Madrid offer £41.75m for PSG superstar Kylian Mbappe

1 year ago
10

BROWSE BY CATEGORIES

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized

Ads

Categories

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized
The African Business – News About African business

We bring you the best Premium news about African Business.

Follow us on social media:

Recent News

  • BasiGo signs with AVA to assemble 1,000 electric buses in Mombasa
  • Shocking IMF report reveals Angola and Ethiopia to surpass Kenya as top economies in Sub-Saharan Africa
  • Africa will have 57 million pay TV subscribers by 2028, report

Category

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized

Legal Information

Terms and Conditions
Privacy Policy
Complaints Book

  • Contact

© 2021 The African Business

No Result
View All Result
  • Home
  • Economy
  • Business
  • Finance
  • Opinion
  • Lifestyle
  • Sports
  • Green Economy

© 2021 The African Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In