WEEK IN BUSINESS: Nvidia’s $13B AI Bet, ByteDance’s $29.6B Loan, Dangote’s Historic IPO Push and the Rate-Hike Shock

  ABE NEWS | Week in Business | Friday, September 4, 2026 Welcome to ABE NEWS Week in Business — our Friday look back at the companies, markets, money and economic developments that defined the week. And this week delivered something remarkable. Nearly everywhere you looked, businesses were confronting the same fundamental question: How much…

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Dangote Is Preparing Africa’s Biggest IPO — And Wants to Build a 1.4-Million-Barrel-a-Day Refinery

  ABE NEWS | September 4, 2026 Africa could be days away from one of the biggest stock-market listings in its history. Nigeria’s Dangote Group is preparing to sell shares in the Dangote Petroleum Refinery, the enormous Lagos-based industrial complex built by billionaire entrepreneur Aliko Dangote. According to people with direct knowledge of the transaction,…

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Africa’s Biggest Refinery Is Heading to the Stock Market — And It Could Become the Continent’s Largest IPO

  ABE NEWS | THURSDAY, AUGUST 20, 2026 Africa’s biggest oil refinery is preparing for another enormous milestone. Nigeria’s Dangote Refinery has secured a $1 billion underwriting program ahead of a planned stock-market listing that could become the largest initial public offering in African history. The refinery, majority-owned by Nigerian billionaire Aliko Dangote, has already…

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Africa’s Biggest Refinery Wants Ordinary Nigerians to Own a Piece of It

  Africa has spent decades watching some of its biggest businesses look overseas when they need serious money. London. New York. International banks. Foreign institutional investors. But one of Africa’s biggest industrial projects is preparing to do something different. Dangote Petroleum Refinery wants Nigerians themselves to become owners. The company is preparing for an initial…

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