Dangote refinery extends $1.6 billion IPO to broaden African investor access
Nigeria’s Dangote Petroleum Refinery and Petrochemicals has extended the application period for its initial public offering by two weeks to October 27, citing strong investor interest across Africa and efforts to broaden access to the share sale.
Dangote targets 10 million investors with IPO marketing blitz
Aliko Dangote, Africa’s richest man, is racing to attract 10 million investors to the Dangote Petroleum Refinery’s initial public offering, with a marketing blitz that has swept across Nigeria’s commercial hub.
FINSEC to route Zimbabwean orders for Dangote refinery IPO
The Financial Securities Exchange (FINSEC) has received approval from the Securities and Exchange Commission of Zimbabwe (SecZim) to offer the Dangote refinery initial public offering (IPO) to local investors through a depository receipt programme.
Dangote now worth more than Jack Ma and the owner of Nike, as his net worth rises to $51.3bn
Per Forbes’s real-time index, Africa’s richest man Aliko Dangote has seen his net worth surge from $28.5 billion to $51.3 billion following the launch of the initial public offering of his $20 billion oil refinery.
From Masiyiwa to Dangote, 10 powerful self-made African billionaires who surrendered the ‘chairman’ seat at companies they built
Some of Africa’s richest self-made tycoons spent decades building billion-dollar empires, only to eventually surrender the chairman’s seat, executive power or ownership for reasons ranging from regulation and succession to strategic exits.
Dangote drops dollar petrol pricing, offering relief to Nigeria’s economy
The Dangote Oil Refinery has reversed its decision to sell Premium Motor Spirit (PMS), also known as petrol, in dollars, choosing instead to load at the gantry in Nigeria’s local currency (Naira).
Dangote picks Tanzania for next wave of power, fertiliser and transport investments
Africa’s richest man, Aliko Dangote, is preparing a major expansion of his industrial empire in Tanzania, with plans spanning power generation, fertiliser production, transport infrastructure, ports and a special trade zone following high-level investment talks with President Samia Suluhu Hassan in Dar es Salaam.
Why I decided not to buy Arsenal: Aliko Dangote
Aliko Dangote has revealed the real reason he abandoned his multi-billion dollar bid to buy Arsenal.
Africa’s richest man Dangote positions $10bn cement empire for London market entry
Aliko Dangote is considering what could become the first major London listing of his cement empire as he seeks deeper international capital pools to support expansion across Africa.
Aliko Dangote’s son-in-law now in charge of logistics at the family’s $33 billion empire
Jamil Mohammed Abubakar, an aviation professional, has been appointed Managing Director of Infrastructure & Logistics at the Dangote Group by his father-in-law, Aliko Dangote, extending a series of family-linked leadership moves across Africa’s largest industrial conglomerate.