# Africa’s biggest IPO secures up to $1.6 billion in funded commitments

https://mins.news/en/item/117060

- Bloomberg News, 2026-10-27 09:02 UTC
- Economy
- Original: https://www.bloomberg.com/news/articles/2026-10-27/dangote-refinery-ipo-set-for-record-on-african-global-demand

> Africa’s largest IPO has secured as much as $1.6 billion in fully funded commitments. International investors are racing to buy into Aliko Dangote’s refinery business, potentially creating an allocation squeeze.

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