By NIyi Jacobs
Representatives of South Africa’s Government Employees Pension Fund (GEPF), alongside officials of the Public Investment Corporation (PIC), have visited the Dangote Petroleum Refinery & Petrochemicals and Dangote Fertiliser Limited amid growing continental interest in Africa-driven industrialisation and infrastructure investment.
The visit highlights a broader shift across Africa, where institutional investors are increasingly focusing on homegrown projects capable of boosting energy security, industrial development, food production, and regional economic resilience.
Industry observers say the engagement underscores rising confidence in large-scale African infrastructure projects as viable long-term investment opportunities.
The Dangote Refinery, regarded as one of Africa’s biggest industrial projects, has continued to attract attention from investors and policymakers due to its expected impact on petroleum refining, job creation, and foreign exchange savings.
Analysts believe that strategic investments in infrastructure and manufacturing could play a vital role in accelerating economic transformation across the continent.
The visit also comes as the Dangote Refinery prepares for its anticipated Initial Public Offering (IPO), further strengthening interest from institutional investors seeking exposure to critical sectors of Africa’s economy.
Stakeholders say partnerships between African investment institutions and indigenous industrial projects are essential to driving sustainable growth and reducing dependence on external markets.
The engagement between the South African delegation and the Dangote Group is seen as part of ongoing efforts to deepen intra-African investment collaboration and support industrial expansion across the continent.
