Dangote Refinery IPO Attracts Investors From 120 Countries, All 54 African Nations

Dangote Petroleum Refinery and Petrochemicals has achieved 100 per cent African participation in its Initial Public Offering (IPO), with investor applications received from all 54 African countries and from 120 countries across all six inhabited continents.The offering, dubbed The People’s IPO, is being described as the first transaction of its scale to achieve full continental coverage, demonstrating the potential for a more connected African investment ecosystem.