Africa’s Richest Man Makes His Biggest Bet Yet

Aliko Dangote plans to spend $15 billion on a project that — if successful — could revolutionize Nigeria’s economy.

The under-construction Dangote Industries oil refinery and fertilizer plant site in the Ibeju Lekki district, outside of Lagos, Nigeria, on March 6.

Photographer: Tom Saater/Bloomberg
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On a peninsula east of Lagos, 30,000 workers are employed on a project that holds out the promise of transforming Nigeria’s economic fortunes.