Economy · World
Dangote Refinery Eyes IPO, Reports Net Profit
Nigeria's Dangote oil refinery has reported a net profit ahead of its planned Initial Public Offering (IPO). Aliko Dangote, described as Africa's richest man, indicated that a certain level of wealth would be prioritized for the IPO. Botswana has been selected as a Southern African hub for the refinery's IPO.
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- Centre (3): Bloomberg, Business Insider, Reuters