Nigeria, July 22 -- Aliko Dangote, founder and president/chief executive of the Dangote Group, on Tuesday said international traders are deliberately frustrating the establishment of new refineries and the efficient operation of existing ones in Africa, to protect their own dubious interests.

Mr Dangote disclosed this while speaking at the West African refined fuel conference in Abuja on Tuesday, organised by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and S&P Global Commodity Insights.

"The problem is international traders are deliberately frustrating the establishment of new refineries and the efficient operation of existing ones in Africa, to protect their own dubious interests," Mr Dangote said.

He...