Published Nov 10, 2026, 7:34 AM ET · Updated 3 days ago · 2 sources

Dangote Refinery Gets $4.1 Billion Share Bids in Top Africa IPO

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Dangote Refinery Gets $4.1 Billion Share Bids in Top Africa IPO

Africa’s biggest refinery attracted about 5.85 trillion naira ($4.1 billion) of applications for shares in the continent’s largest public offering to date, almost three times the amount it sought to raise, according to people familiar with the matter.