Nigeria: Dangote refinery goes public for the 'general public'

The Dangote refinery went public on Monday, offering investors the chance to buy shares at 525 naira each until October 13, aiming to raise $1.6 billion. Billionaire Aliko Dangote seeks to attract up to 10 million shareholders across Africa, allowing ordinary Africans to acquire shares in this major industrial project. The funds raised will be used for the expansion of the infrastructure that was launched in 2024.