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Dangote Targets 10 Million Investors in Massive IPO and Breaks Ground on $16 Billion Kenya Refinery

Dangote Targets 10 Million Investors in Massive IPO and Breaks Ground on $16 Billion Kenya Refinery

Aliko Dangote, Africa’s richest man, spent this week pursuing two enormous and interconnected projects simultaneously: selling shares in his Nigerian refinery to an unprecedented number of retail investors, and physically breaking ground on a second mega-refinery in Kenya that would extend his energy empire across all of East Africa. Together, the two moves represent one … Read more