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Africa’s richest man Aliko Dangote on Monday launched an IPO for his $19 billion Nigerian oil refinery, seeking $1.6 billion from retail investors across the continent. The offering values Africa’s largest refinery at about $49 billion and has drawn both strong investor interest and concerns over its high valuation.
The post Dangote refinery launches Africa’s biggest IPO for retail investors appeared first on France 24 – International breaking news, top stories and headlines.
