{"id":23865,"date":"2026-02-17T09:37:23","date_gmt":"2026-02-17T07:37:23","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/dangote-signs-400-m-equipment-deal-with-chinas-xcmg\/"},"modified":"2026-02-27T16:34:37","modified_gmt":"2026-02-27T14:34:37","slug":"dangote-signs-400-m-equipment-deal-with-chinas-xcmg","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/dangote-signs-400-m-equipment-deal-with-chinas-xcmg\/","title":{"rendered":"Dangote signs $400 m equipment deal with China&#8217;s XCMG\u00a0"},"content":{"rendered":"<div>\n<p class=\"x_MsoNormal\">Nigeria&#8217;s Dangote Group has signed a $400 million equipment deal with China&#8217;s Xuzhou Construction Machinery Group (XCMG)to speed up the expansion of its oil refinery toward a planned 1.4 million barrels per day, the company said on Tuesday.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\"><span class=\"x_elementtoproof\">The additional equipment is expected to support major projects under construction across refining, petrochemicals, agriculture and infrastructure.<\/span><\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\"><span class=\"x_elementtoproof\">Dangote said the XCMG agreement would allow it to acquire a wide range of new heavy-duty machinery to complement existing assets deployed for the refinery build out, which the company expects to complete within three years.<\/span><\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\"><span class=\"x_elementtoproof\">As part of the expansion, polypropylene capacity will rise to 2.4 million tons per year from 900 000 tons.<\/span><\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\"><span class=\"x_elementtoproof\">Urea production in Nigeria will triple to nine million tons per year, alongside an existing 3 million-ton plant in Ethiopia, positioning the conglomerate as the world&#8217;s largest urea producer, the company said.<\/span><\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\"><span class=\"x_elementtoproof\">The output of linear alkyl benzene, a key raw material for detergents, will increase to 400 000 tons annually, making Dangote the biggest supplier in Africa.<\/span><\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\"><span class=\"x_elementtoproof\">Additional base-oil capacity is also planned in the programme.<\/span><\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\"><span class=\"x_elementtoproof\">Dangote Group described the equipment deal as a strategic investment aligned with its ambition to become a $100 billion enterprise by 2030.<\/span><\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\"><span class=\"x_elementtoproof\">&#8220;The additional equipment we are acquiring under this partnership will significantly enhance execution across our projects,&#8221; it said in a statement.<\/span><\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\"><span class=\"x_elementtoproof\">Owned by Nigerian billionaire Aliko Dangote, the $20 billion refinery began operations in 2024 after years of delays. Once fully operational, it is expected to reduce Nigeria&#8217;s heavy dependence on imported refined fuel and reshape fuel supply across West and Central Africa.<\/span><\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\"><span class=\"x_elementtoproof\">&#8211;Reuters&#8211;<\/span><\/p>\n<\/div>\n","protected":false},"featured_media":23183,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-23865","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":null,"news_description":"Nigeria's Dangote Group has signed a $400 million equipment deal","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/23865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/23865\/revisions"}],"predecessor-version":[{"id":26707,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/23865\/revisions\/26707"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/23183"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=23865"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=23865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}