Uganda Launches Dangote Refinery IPO for Wealthy Investors
Uganda’s Capital Markets Authority (CMA) on Tuesday, October 6, approved the offer of Dangote Petroleum Refinery’s initial public offering (IPO) in the country but restricted it to high-net-worth individuals and professional investors, a week before the offer, which opened on September 14, closes on October 13, as Aliko Dangote seeks to spread ownership of the Nigerian refinery across Africa.
9 hours agoBy Stacy Achieng