Thanks to Dangote, the world's largest sovereign fund eyes the African industry

Author: Francis NoudePublished on: May 15, 2026Country: Norway
Business & Economy
Thanks to Dangote, the world's largest sovereign fund eyes the African industry

Aliko Dangote, president of the Dangote Group, met with Nicolai Tangen, CEO of Norges Bank Investment Management, in Oslo to discuss a potential partnership in energy, renewable energy, agriculture, fertilizers, and cement. The meeting included leaders from Yara International and Scatec, aligning with Dangote's ambitions in electricity and fertilizer production. The Norwegian sovereign fund plans to expand its portfolio into renewable energy infrastructure, indicating a growing interest in the African industry.

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