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Dangote refinery cuts $570 million in debt as it prepares for biggest African IPO
Africas largest oil refinery, Dangote Petroleum Refinery, has slashed its debt by $570 million while ramping up both production and sales ahead of a landmark IPO
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africanews.com
Dangote refinery prepares major IPO to fund expansion | Africanews
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.
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premiumtimesng.com
UPDATED: Dangote Refinery sets minimum subscription for $1.6 billion IPO
Aliko Dangote, Africa’s richest man and owner of the 700,000 barrel-per-day (bpd) plant, led the sign-off ceremony in Lagos on Monday.
