Investing in Africa's Economic Development

Today, the refinery, we have tested the, uh, uh,

uh, refinery up to 661,000

barrels per day. But we have been now stable for the last

two months

at 650,000 barrels per day. And every single

department is working.

So you can see that's what we have actually done.

And when we look at it, Maksha will say that, "Okay, fine,

you know, this thing now

has removed fears in us." And we are saying that, you know, for Africa to

develop, some of us will must take that risk

in terms of opening up Africa. How do we open up Africa?

We will open Africa by demonstrating that we believe in Africa,

by investing our money in Africa.

Because if I don't invest my own money, I can never go to any

conference and convince people that Africa is a good place to come

and invest.

Yeah.

But right now, I have a voice.

Yes.

Right now, I have a mouth to say, "Hey, come and invest in Africa,"

because I have demonstrated that, look, these things, they are possible.

I've seen that you have, uh, been very deliberately supporting

African countries. You told me, "For me, this is very important

in what I'm doing."

Very, very. You know, I feel much more satisfied as a human

being to now take my continent out of trouble.

How do I take my continent out of, uh, trouble?

Because we cannot continue every day we import food, we

import whatever that we consume. Okay, so we decided that, look,

the best thing that for us to do is to look at what are the needs of

Africa.

And the needs of Africa is

petroleum products, fertilizers.

You know, today, Maksha, we are going to be, about two

and a half years,

we'll be the largest fertilizer company in the world.

We are putting up 12 million tons of urea.

We are opening up a, uh, mines of potash and

phosphate

in Congo, Brazzaville. We are now going into power

20,000 megawatts. We are building

the biggest deep sea port of, uh, 18 meters

draft. We are doing LNG.

So why? Because we are now actually free of our

assets, and we can actually raise more money.

Our cash flow now is very, very strong.

But what do you want to do with all this money?

What we are trying to do is to now say, "Okay, fine, how can

African countries and Africans most especially benefit from

this?" Our own mission in, uh, uh,

Dangote is to look at critical needs of Africa

and make sure that, yes, we make those critical areas a reality.