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IATF: Dangote Preaches Trade, Investments Expansion In Africa

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…As Dangote Subsidiaries show strength in Cairo

Africa’s leading entrepreneur and President/CE of the Dangote Industries Limited, Aliko Dangote has called for greater integration of African economies and expansion of trade and investments across the continent to stimulate growth and create employment opportunities.

He made the call at the ongoing Intra-African Trade Fair 2023 holding at the Al Manara International Conference Centre, Nasr City, Cairo Governorate.

Dangote, represented by his Group Executive Director, Stakeholder Management and Government Relations, Engr. Ahmed Mansur expressed commitment to participating and supporting both the African Continental Free Trade Agreement (AfCFTA) and the Intra-African Trade Fair (IATF).

In his words, “The Dangote Group is one of the largest conglomerates in Africa with investments in several sectors and across 14 countries in Africa. The integration of African economies and the expansion of trade and investments within the continent is therefore extremely important to our group because it provides opportunities for continuous growth and expansion. This is why we support the establishment of the African Continental Free Trade Agreement (AfCFTA) and indeed the Intra-African Trade Fair (IATF).

“We believe that both the AfCFTA and the IATF are important milestones in the trajectory of Africa’s economic growth and development and we as a major stakeholder in that development are therefore committed to participating and supporting both the AfCFTA and the IATF.”

His comments lent credence to the show of strength displayed by the various Dangote Business Units which stormed Egypt to showcase the remarkable products and services which have become household names across the continent.

The Business Units included Dangote Cement PLC, Dangote Sugar PLC and Dangote Packaging Limited (formerly Agrosacks), and some officials of the Branding & Communications Department of Dangote Industries Limited.

Biztellers reports that Dangote is a major sponsor and event partner of this year’s Trade Fair, organised by the Afreximbank.

Many participants from various organisations across Africa and beyond also thronged the Dangote stand to obtain information and seek possible collaboration with the Group and the various business units.

Also speaking on the sidelines of the event which drew interested participants from across Africa and beyond, Mansur affirmed that Dangote, which is one of the event partners, has a responsibility to help promote entrepreneursip and development in Africa; which was why the group had its presence in around 14 countries across Africa, and why it is collaborating and participating at the highest level of the IATF 2023.

“For an event of this magnitude, Dangote has a responsibility because it is recognised all over Africa. You will be surprised that perhaps the Dangote Group in terms of its capacity as a leading entrepreneur in Nigeria is recognised more widely in other African countries. And so, we have the responsibility to carry our brand and to carry that name very prominently.

“I think it is not just a question of coming to sell something or look for partners, we have loads of partners, Dangote sits at home, the partners will come from everywhere. But I think we also need to show the flag and it is important not only for Dangote but for Nigeria. We need to continue to recognise this responsibility,” he added.

The 3rd Intra-African Trade Fair (IATF2023) which was organised by the African Export-Import Bank (Afreximbank), in collaboration with the African Union (AU) and AfCFTA Secretariat, brought together 1,600 exhibitors drawn from over 75 exhibiting countries, with around 35 000 conference delegates, trade visitors and the media among the participants who thronged the event venue in Cairo.

The trade fair, with the theme ‘Connecting African Markets’, is billed to promote greater trade among African member-countries, drive regional integration, and spur the speedy implementation of the African Continental Free Trade Area (AfCFTA) Agreement for the benefit of all Africans.

It is expected to end on November 15, 2023.

Business

NNPC Foundation Wins CSR Champion Award (Health)

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The NNPC Foundation Limited/Gte, the Corporate Social Responsibility (CSR) arm of the Nigerian National Petroleum Company Limited (NNPC Ltd), has won the CSR Champion Award (Health) 2025 instituted by the Independent Newspapers.

Biztellers reports that the award was presented during the Silver Jubilee edition of the Independent Newspapers Awards, themed “Game Changers: Breaking Barriers and Shaping Tomorrow,” held at Eko Hotel and Suites on Saturday, 18 April 2026.

The CSR Champion Award (Health) recognises the Foundation’s work in healthcare and its broader commitment to improving lives through social investment programmes spanning health, education, environment, and access to energy.Primary & Secondary Schooling (K-12)

The recognition follows a series of health initiatives delivered by the Foundation, including free cataract screening and surgeries that restored sight to over 6,000 Nigerians, including minors born blind; cancer and glaucoma interventions; medical outreaches to underserved communities; renovation and furnishing of three wards with 100 beds at the National Orthopaedic Hospital, Igbobi; partnership and sponsorship of heart surgeries; and provision of dental health accessories to children in special schools, among others.

The NNPC Foundation noted that these results were made possible through the leadership and support of the NNPC Ltd. Management team, whose commitment has continued to strengthen the Foundation’s capacity to deliver social investments across the country.

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Reacting to the award, the Managing Director of NNPC Foundation, Emmanuella Arukwe, described the recognition as a validation of the Foundation’s work and the trust placed in it by Nigerians. She noted that the award means so much to the company because it represents the confidence Nigerians have placed in its work and the value they see in purposeful social investment.

“It speaks to the resilience of the communities we serve, the dedication of our team, and the strength of partnerships that have enabled us to do meaningful work in health, education, environmental sustainability and access to energy,” she added.

In addition, Arukwe noted that “these results have also been made possible through the leadership and support of the NNPC Ltd. Management team, whose backing has been instrumental to the success of the Foundation’s work. We receive this award with gratitude, and with a renewed sense of responsibility to do more and reach further across the country.”

The NNPC Foundation Limited/Gte remains committed to advancing health interventions that improve outcomes and contribute to national development.

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NNPC Ltd, Algeria’s Sonatrach Ink MoU for Research, Innovation

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The Nigerian National Petroleum Company Limited (NNPC Ltd), through its Research, Technology and Innovation (RTI) Division, in collaboration with the Petroleum Technology Development Fund (PTDF), has signed a Memorandum of Understanding (MoU) with Sonatrach, the Algerian National Oil Company, for cooperation in research, development, and innovation.

The agreement, signed by NNPC Ltd’s Executive Vice President, Business Services, Sophia Mbakwe, and Sonatrach’s Managing Director, Khodjah Mohamed, establishes a formal framework for joint work in research and technology exchange between the two national oil companies.

This was contained in the press statement issued on Thursday by Chief Corporate Communications Officer Mr. Andy Odeh.

According to the statement, the agreement, held during the opening ceremony of the 3rd Meeting of the African Petroleum Producers’ Organization (APPO) Forum for R&D Directors at the PTDF Tower in Abuja, Nigeria, brought together research and development directors from APPO member countries.

Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, represented by former Secretary General of APPO, Omar Farouk Ibrahim, said the forum was one of four measures introduced by APPO to address challenges from the global energy transition, which center on funding, technology, and markets.

“The R&D forum tackles technology and expertise needs, the African Energy Bank addresses funding constraints, and the Central African Pipeline System supports regional oil and gas market integration,” Lokpobiri stated.

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Earlier in his remarks, Group Chief Executive Officer, NNPC Limited, Engr. Bashir Bayo Ojulari, represented by the Company’s Chief Financial Officer, Adedapo Segun, said research and development must form a central part of the overall strategy in the African oil and gas industry.

He called for research and development centres to function as engines of industrial competitiveness. “Collaboration in research and development is of strategic importance. The cost of innovation might be high, but the cost of obsolescence would be greater,” he stressed.

Ojulari called for a unified strategic framework through which resources could be pooled, data integrated, and risks shared across member countries.

He further urged the rapid adoption of digital technologies, artificial intelligence, and advanced engineering to improve upstream, midstream, and downstream operations.

On his part, the APPO Secretary General, Farid Ghezali, urged African petroleum-producing countries to ensure research in the oil and gas sector produced solutions that are practical and directly relevant to the continent. “We must ensure that our research delivers solutions that are practical and of direct use to Africa,” he stated.

Also speaking, the Executive Secretary of the Petroleum Technology Development Fund (PTDF), Prof. Shu’aibu Shehu Aliyu, highlighted the value of the partnership between NNPC Limited and PTDF in supporting decarbonization and environmental protection efforts across APPO member countries.

Chief Innovation Officer of NNPC Research, Technology and Innovation and incoming Chairman of the APPO R&D Directors Forum, Rasheed Ojulari, said the forum would give immediate priority to joint programs in the core areas of upstream optimization, artificial intelligence, decarbonisation processes, and industrial systems development.

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NGA Calls for Risk Reduction Policies to Lift Oil, Gas Industry

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The Nigerian Gas Association (NGA), has opined that a predictable fiscal and regulatory environment are ingredients essential to de-risking investments and accelerating project delivery in the oil and gas sector.

This was detailed in a statement released by NGA at the end of its maiden Legal Forum emphasised that investor confidence will be shaped by the robustness of commercial and contractual structures across the gas value chain, strengthened contractual clarity, and efficient dispute resolution mechanisms.

In his opening address, President of the NGA, Aka Nwokedi, underscored the urgency of aligning Nigeria’s legal architecture with its strategic gas ambitions, noting that the sector’s next phase of growth will be defined by the strength, clarity, and credibility of its regulatory environment.

“Nigeria’s gas resources present a defining opportunity for economic transformation, but realising this potential will depend on building a legal framework that is transparent, predictable, and globally competitive”, he stated.

Discussions throughout the Forum reflected a clear and consistent theme: that Nigeria’s opportunity now lies in execution.

ALSO READ: IEA: Nigeria Has Only 1.42m bpd Production Capacity, Zero Spare Output

While the Petroleum Industry Act (PIA) has established a transformative foundation for sector reform, participants emphasised that its true impact will be determined by disciplined implementation, regulatory coherence, and institutional alignment.

The need to eliminate ambiguity and strengthen enforcement emerged as central to unlocking sustained investment.

As global energy systems continue to evolve, the Forum reinforced natural gas as Nigeria’s most strategic lever for balancing economic growth, energy security, and emissions reduction. Participants highlighted that legal and regulatory frameworks must evolve accordingly, moving beyond policy intent to embed clear, enforceable standards on carbon management, ESG obligations, and sustainability.

“In an increasingly competitive global market, such clarity will be critical in attracting long-term capital.”

The Forum also acknowledged the policy direction of the administration of President Bola Ahmed Tinubu in advancing gas development through infrastructure expansion and increased domestic utilisation.

Stakeholders noted that sustained policy stability will serve as a critical signal to both domestic and international investors evaluating long-term opportunities in Nigeria’s gas sector.

Beyond its technical depth, the NGA Legal Forum marked an important step in bridging the longstanding gap between legal frameworks and industry realities, creating a structured platform for continuous engagement, practical alignment, and forward-looking policy development.

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