Dangote Petroleum Refinery cuts its secured debt by $570m after a strong swing to profit ahead of its upcoming $1.6bn IPO...

For Dangote, the stock market debut is not only about raising capital — it is also aimed at bringing more investors into one of Africa’s most ambitious industrial projects.

Aliko Dangote, Africa’s richest man, swelled his wealth to $3.3m on Friday as investors digested news that the long-awaited Initial public...