EconomyAfrica’s richest man launches continent’s biggest share sale
Nigerian billionaire Aliko Dangote has launched Africa’s largest share sale, offering the public about 3% of his refinery in an IPO that could raise up to $2.1bn. He says the sale will let ordinary Nigerians share in the plant’s success, while experts warn that prices could fall and urge buyers to avoid investing money they need soon.
Africa’s richest man launches continent’s biggest share sale
Economy