Aliko Dangote lands in New Jersey after warning African airlines face collapse

Aliko Dangote flew from Yarmouth, Nova Scotia, to Teterboro Airport on June 7 in his Bombardier Global Express XRS, a 1-hour 27-minute hop that capped a transatlantic journey. The flight followed a string of recent movements between London, Abuja, and a stop in Canada, typical of the businessman's globe-spanning schedule.

The same week, Dangote's warnings about the Strait of Hormuz blockade ripple through headlines. Per a Semafor interview during the IMF-World Bank Spring Meetings, the Dangote Group chairman said rising oil prices would devastate African airlines and double fertilizer costs, pushing farmers toward subsidy dependency. His own refinery has been rushing jet fuel to Europe as the IEA warns the continent has six weeks of supply left, as reported by billionaires.africa.

Dangote's New Jersey arrival comes amid ongoing talks about listing his refinery on the Nigerian exchange and courting international investors. With his refinery now shipping 57 million barrels of jet fuel abroad per Premium Times, the Teterboro meetings likely involve the same financial partners he sat with in Washington — a quiet but critical leg in his campaign to open Africa, one deal at a time.