Skip to main content
Investment

Dangote Refinery IPO draws US$1.6B from 119 countries

The Dangote Refinery IPO has secured between US$1.5B and US$1.6B in fully funded commitments, drawing applications from 119 countries and signalling a new threshold for pan-African capital markets. Nigerian domestic and retail investors alone provided enough commitments to cover the base offer before the 27 October…

FurtherAfricaBy FurtherAfrica
Share
Dangote Refinery IPO draws US$1.6B from 119 countries
Image via FurtherAfrica

Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by FurtherAfrica.

Read at FurtherAfrica →

Original headline: “Dangote Refinery IPO draws US$1.6B from 119 countries”

  • Capital Markets
  • Energy & Power
  • FA
  • Investment
  • Macroeconomics & Policy
  • Nigeria