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The Dangote Refinery Intends to Pursue a Pan-African IPO

An email from FirstCap CEO Ukandu, as seen on Bloomberg, showed that Dangote designated Stanbic IBTC Capital Ltd., Vetiva Advisory Services Ltd., and FirstCap Ltd. to provide advice on the IPO for Dangote Petroleum Refinery and Petrochemicals FZE.

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African Governments Scramble to Secure Fuel Supplies from Dangote Refinery

Nigerian billionaire Aliko Dangote’s refinery is being flooded with inquiries as African governments scramble to secure fuel supplies after the Iran war disrupted flows.

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