Dangote Refinery IPO Set for Record on African, Global Demand

Africa’s biggest initial public offering has already secured enough commitments from Nigerian and retail investors to meet its fundraising target, according to people familiar with the matter.

By Loni Prinsloo and Emele Onu · Bloomberg Markets

Africa’s biggest initial public offering has already secured enough commitments from Nigerian and retail investors to meet its fundraising target, according to people familiar with the matter.