EconomyAfrica’s richest man targets $23bn from continent’s biggest-ever IPO
Aliko Dangote’s Nigerian refinery business has launched what is described as Africa’s biggest-ever IPO. If fully subscribed, Dangote could add $23bn to his $35bn fortune, while the refinery’s valuation is expected to reach about 65.22tn naira. The offering is aimed at institutional and retail investors, particularly young Nigerians.
TThe Guardian★★★☆☆2026-09-14 12:38Original
Africa’s richest man targets $23bn from continent’s biggest-ever IPO
Economy