Investor Memo: The $50 Billion Test — How the Dangote Refinery IPO Became Africa’s First Serious Cross-Border Listing
The Dangote Refinery IPO is not just Africa's largest equity offering — it is the first serious attempt to prove that a continental capital market can price a $50 billion industrial asset without outsourcing to London or New York, and the test lands in ten weeks.
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African Wealth Briefing — Mon., April 13, 2026
The WeBuyCars brothers take JSE-listed RMH private for R654 million, Kate Fotso invests $28.3 million in a Cameroon brewery to challenge Castel Group, and Koos Bekker's Somerset hotel launches a garden festival funded by $334 million in Naspers share sales.
Kate Fotso, Cameroon's richest woman, is building a $28.3 million brewery in Souza to diversify beyond cocoa
Kate Fotso, Cameroon's richest woman and the CEO of Telcar Cocoa, is investing 17 billion FCFA ($28.3 million) in a new beverage plant in Souza in the Littoral region, her biggest push yet beyond her cocoa empire.
WeBuyCars brothers buy JSE property giant for R654 million
The billionaire brothers behind WeBuyCars are acquiring JSE-listed RMH Holdings for R654.58 million through their vehicle AttBid, with a full delisting expected by June 2026, weeks after selling R866 million in WeBuyCars shares.
Koos Bekker sold $334 million in Naspers shares to build English gardens — and now his Somerset estate is taking on Chelsea
South African billionaire Koos Bekker sold $334 million in Naspers and Prosus shares to build historic farming estates across four countries, and now his Somerset hotel is launching a nine-day garden festival to rival Chelsea.