Dangote Refinery IPO: How Kenyan Investors Will Access It
4 Articles
4 Articles
Kenyans to access Dangote refinery IPO through NSE-listed GDRs
Kenyan investors will soon be able to participate in Dangote Petroleum Refinery’s ongoing initial public offering (IPO) for as little as Sh490 through a new Nairobi Securities Exchange (NSE)-listed investment vehicle awaiting regulatory approval. The investment will be structured through global depository receipts (GDRs), which will give local investors exposure to Dangote Petroleum Refinery and [...]
Dangote Refinery IPO: How Kenyan investors will access it
The Upcoming Dangote Petroleum Refinery IPO will provide Kenyan investors with access through Global Depositary Receipts (GDRs), which will then be trading on the Nairobi Securities Exchange(NSE). The NSE listing is targeted for December 8th 2026, According to a Renaissance Capital Africa presentation. The structure will link Nigerian shares held in custody to GDRs issued […]
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