Kenya Approves Dangote Refinery IPO Route for Investors
The approval lets eligible Kenyan investors buy depositary receipts linked to 4.1 billion Dangote Refinery shares.
6 Articles
6 Articles
Africa’s richest refinery's $1.6 billion IPO opens to Kenyan investors as Dangote expands East Africa push
Kenyan investors will be able to participate in Dangote Petroleum Refinery’s $1.6 billion initial public offering after the country’s capital markets regulator approved a short-form prospectus for a global depository receipt linked to the share sale.
CMA approves Kenyan Investors to participate in Dangote Refinery IPO via NSE-Listed GDRs
Kenyan investors will be able to participate in the Initial Public Offering (IPO) of Nigeria-based Dangote Petroleum Refinery & Petrochemicals (DPRP) following approval by the Capital Markets Authority (CMA). The CMA has approved a Short Form Prospectus submitted by Renaissance Capital (Kenya) Limited, allowing eligible Kenyan investors to participate in the IPO through Global Depository [...]
Kenya clears Dangote Refinery GDRs, opening IPO access to local investors
Kenya’s Capital Markets Authority (CMA) has approved a Global Depositary Receipt (GDR) route that will allow eligible local investors to participate in the Dangote Petroleum Refinery & Petrochemicals IPO.
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