Dangote Refinery IPO gets $1bn underwriting backing from Marob, Lilium
” Marob Strategies and Lilium Capital said they were coordinating the sell-down of the $600 million underwriting participation and engaging African and Caribbean sovereign wealth funds, governments, institutional investors and other eligible investors.
Dangote said the work undertaken by Marob Strategies and Lilium Capital had “created a platform for broader participation by African and Caribbean sovereign wealth funds, governments and institutional investors across Global Africa.
Also, Mr Simon Tiemtoré, Chairman of Lilium Capital Group, said: “This mandate reflects Lilium Capital’s commitment to connecting world-class African opportunities with institutional investors across Global Africa and international markets.
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