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Nigeria's Dangote refinery launches continent's biggest IPO

14 Sep 2026, 10:55 GMT By FRANCE 24
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Photo Nigeria's Dangote refinery launches continent's biggest IPO
Credit: FRANCE 24

Nigerian billionaire Aliko Dangote on Monday launched what is slated to be Africa's biggest initial public offering (IPO), aiming to raise $1.6 billion in part to expand his mega oil refinery into the world's largest.