Africa’s richest man aiming to make $23bn from continent’s biggest-ever IPO

1 source in this cluster

• The Guardian
  Africa’s richest man aiming to make $23bn from continent’s biggest-ever IPO

  <p>Public offering of Aliko Dangote’s Nigerian oil refinery business could swell his net wealth by two-thirds</p><p>The fortune of Africa’s richest person could swell by two thirds to nearly $60bn (£44bn) after his refinery in Nigeria listed publicly in the continent’s biggest-ever initial public offering.</p><p>If Monday’s flotation of Dangote Petroleum Refinery and Petrochemicals on the Nigerian exchange goes to plan, then Aliko Dangote will add a further $23bn (£17bn) to his $35bn net worth.</p> <a href="https://www.theguardian.com/world/2026/sep/14/aliko-dangote-nigeria-africa-richest-man-ipo">Continue reading...</a>

  Mon, 14 Sep 2026 12:38:51 GMT

Timeline

1. 2026-09-14 12:38The Guardian — Africa’s richest man aiming to make $23bn from continent’s biggest-ever IPO