Africa: 'Dangote Refinery Key to Africa's Economic Transformation'

With a wobbling Gross Domestic Product of $1.8 trillion, countries in Sub-Saharan Africa are on the cusp of economic transformation, with the imminent coming on-stream of the $12 billion Dangote refinery and petrochemicals complex.

The region is expected to be the direct beneficiaries of the 650,000 barrels-per-day refinery as the project is expected to drastically reduce the countries' fuel import majorly from Europe with expected impact on foreign exchange outflows.

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