The JSE has engaged with Nigeria's Dangote Group and said the company could list its petroleum refinery in South Africa after a Nigerian IPO, a spokesperson told Reuters on Wednesday. "They will list in Nigeria first but with strong intent to hopefully bring the listing to South Africa," the JSE said in an emailed response to Reuters questions.

Dangote Refinery is planning Africas largest-ever IPO, aiming to raise about $5 billion by October

The Johannesburg Stock Exchange (JSE) is seeking to secure a secondary listing of Dangote Petroleum Refinery following the company's...