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Nigeria: Dangote Refinery Plans US Listing in Three to Four Years
Aliko Dangote says the share sale is meant to widen ownership, after a $2.5 billion private placement drew strong investor demand.
Summary by allAfrica
6 Articles
6 Articles
Africa’s richest man plans US listing for $49 billion Dangote Refinery within four years
Africa’s richest man, Aliko Dangote, plans to list his $49 billion oil refinery in the United States within the next three to four years, potentially taking one of the continent’s most valuable companies to the world’s deepest capital market.
Dangote announces plan to list refinery in US stock market after Nigeria IPO, discloses timeline
Aliko Dangote plans a US listing for his 700,000-bpd refinery within just four years, as its IPO widens African ownership and capacity targets to double by 2030.
Coverage Details
Total News Sources6
Leaning Left2Leaning Right0Center1Last Updated67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
Factuality
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