Nigeria's Dangote bills refinery IPO as chance for ordinary Africans to buy in
Shares in Africa’s largest oil refinery went on sale on Monday with the initial public offering (IPO) of Dangote Petroleum Refinery and Petrochemicals.
Part of the money raised by the IPO will fund an expansion of the refinery, expected to make it the world’s largest by 2028.38 each and Dangote - Africa’s richest man - has billed the event as an opportunity for ordinary people to buy in.
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