Dangote Oil Refinery Aims to Raise $5 Billion in October IPO

Dangote Oil Refinery Aims to Raise $5 Billion in October IPO

Backed by Africa’s richest man, Aliko Dangote, the company recently secured $2.5 billion in a heavily oversubscribed private equity placement. Nigeria’s massive Dangote oil refinery has submitted initial filings with the Nigerian capital markets regulator as it moves toward what is projected to be Africa’s largest market listing in history. The company aims to raise … Read more