Update Dangote IPO: Two Developments Investors Should Keep An Eye On

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We regularly keep our subscribers informed about the latest developments of the Dangote refinery IPO. One development this week concerns the valuation; the other comes from East Africa.

By Christian Hiller von Gaertringen

Aliko Dangote, the Nigerian entrepreneur behind the Dangote Group, has apparently taken a major step towards the initial public offering (IPO) for the Dangote Refinery in Lekki, Nigeria. At least insofar as they concern the pre-IPO.

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