Dangote to Open 10% of Refinery to Public Markets Across Africa - Tekedia

Aliko Dangote says about 10% of Dangote Petroleum Refinery and Petrochemicals FZE will be listed on African stock exchanges.

Advisers are already structuring the deal, which could become one of Africa’s biggest energy-market transactions.

The 650,000-barrel-per-day refinery is fully operational and expanding exports, with dollar-based returns expected to attract investors.

The listing is part of a five-year plan to more than double refining capacity and scale up petrochemical production.