West Africa: Nigeria's Dangote Refinery Secures $1b Backing Ahead of IPO

[Daba Finance] Dangote Petroleum Refinery has secured a $1 billion underwriting programme ahead of its planned Nigerian stock-market listing, adding another source of capital as the company prepares what could become Africa's largest IPO. The programme includes a funded $600 million private placement and a $400 million

Dangote Petroleum Refinery secures $1bn underwriting, including a $600m private placement, ahead of its planned IPO. Learn about this major African capital