The chief Monopoly Dangote Blackstone to invest N825 billion on power, transmission and pipeline projects

Dangote Industries and Blackstone today announced a commitment to jointly invest up to $5 billion (N825 billion) over the next five years in energy infrastructure projects across Sub-Saharan Africa with a particular emphasis on power, transmission and pipeline projects. The investment is facilitated by Black Rhino, a portfolio company of Blackstone Energy Partners and affiliated…