Nigeria, May 15 -- Dangote Group plans to invest an additional $45 billion across refinery expansion, liquefied natural gas infrastructure and regional industrial projects as part of an ambitious strategy to raise annual revenue to $100 billion and eventually hit $200 billion by 2030.

President of the group, Aliko Dangote, disclosed this during a recent interview with Nicolai Tangen, chief executive officer of the Norwegian Sovereign Wealth Fund.

The African billionaire explained that the company is entering a new growth phase driven by exports, refining and gas.

He said the current refinery would be more than doubled within 30 months, lifting capacity to 1.4 million barrels per day from its current level.

"We are more than doubling t...