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,…

Read Full News

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…

Read Full News