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Aliko Dangote, the owner of the $20 billion Dangote Refinery, has blamed beneficiaries of fuel importation in other African countries for the absence of new refineries in the continent in the past 35 years. Dangote disclosed this statement during a recent conversation with CNN’s reporter, Eleni Giokos, at his refinery in Lagos, Nigeria. According to Dangote, other reasons for the absence of new refineries in Africa include a lack of loan facilities for investors, attributed to weak financial institutions among others. “There are other countries in Africa who have been trying to build refinerie…

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