The mega-refinery is owned by the wealthiest person in Africa and is transitioning to a public company to broaden its investor base. The move to list in Nigeria and allow share sales in Uganda marks a record-breaking event for regional capital markets.
Wednesday, October 21, 2026
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Dangote Refinery Launches Africa's Largest Ever IPO
Global Markets14 days ago
Uganda has granted its domestic investors approval to acquire ownership stakes in a Nigerian oil facility to facilitate its entry into the public market. The Dangote refinery is initiating an initial public offering that will be the largest ever conducted on the African continent.
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