Aliko to retain 84.34% control of refinery after planned N2.15tn IPO•Report: Proposed Kenyan oil facility may face crude hurdles

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...

• Plans $14bn expansion to double capacity to 1.4m bpd by 2029