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Deep-Dive Report: The Listing Window — Five African-Facing IPOs in One Month, and Why Day Ninety Matters More Than Day One

A refinery in Lagos, mobile money in London, a fintech in Cairo, a supermarket chain in Nairobi and Africa's biggest phone seller in Hong Kong: five African-facing IPOs in one month. Who is selling, who is buying, and why day ninety matters more than day one.

Deep-Dive Report: The Listing Window — Five African-Facing IPOs in One Month, and Why Day Ninety Matters More Than Day One

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Wealth Intelligence: The $16 Billion Question — Why Forbes and Bloomberg Disagree on Aliko Dangote, and How His Refinery IPO Will Settle It

Wealth Intelligence: The $16 Billion Question — Why Forbes and Bloomberg Disagree on Aliko Dangote, and How His Refinery IPO Will Settle It

Forbes says $51.7 billion, Bloomberg $35.7 billion. Most of the gap is one asset that has never had a market price: the refinery. Its IPO implies a valuation of about $48 billion, and subscriptions close Tuesday. What Dangote owns, how it is valued, and what listing will settle.

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