Femi Otedola plans a $100m investment in Dangote Refinery, deepening his long-standing business and personal ties with Aliko Dangote.

Femi Otedola has sold his stake in Geregu Power to invest in the upcoming Dangote Refinery IPO, calling it a transformative project for Africa's economy.

Femi Otedola reveals he sold his Geregu Power stake to invest in Dangote Refinery’s IPO as investor demand surpasses $2 billion amid expansion plans across Africa