Gambian President Adama Barrow has announced a $2 billion investment commitment from the Dangote Group to support two major energy infrastructure projects in the country.
The announcement followed a meeting at State House in Banjul with Aliko Dangote and Olusegun Alebiosu, who attended on the sidelines of the 2026 African Caucus meetings.
The investment will finance the construction of a 250-megawatt solar power park and a modern fuel storage terminal aimed at strengthening The Gambia’s strategic petroleum reserves and improving energy security.
According to the Gambian presidency, the solar project is expected to expand electricity generation, accelerate the country’s transition to renewable energy and improve access to reliable and affordable power for homes and businesses.
The fuel storage facility is intended to enhance supply security and help stabilize petroleum prices. President Barrow described the investment as a strong vote of confidence in The Gambia’s political stability, economic reforms and investment climate, while Aliko Dangote reaffirmed his group’s commitment to delivering the projects to international standards.
Both sides agreed to begin feasibility studies, finalize the required agreements and establish joint implementation mechanisms to advance the projects.
