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Deep-Dive Report: The Free Float — Femi Otedola's Reported Bid for 5% of Dangote Cement, a London Listing and the Scramble for Scarce Shares

Femi Otedola is reportedly buying up to 5% of Dangote Cement, about half the shares not held by Aliko Dangote. The stock hit its daily limit on Friday and is up 82% this year, and a London listing may follow. Why the free float matters, and what investors should watch.

,   and  Mfonobong Nsehe
4 min read
Deep-Dive Report: The Free Float — Femi Otedola's Reported Bid for 5% of Dangote Cement, a London Listing and the Scramble for Scarce Shares

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Deep-Dive Report: Morocco After Akhannouch — The Billionaire Prime Minister Leaves Office, and Where Morocco's Business Elite Is Putting Its Money
Deep-Dive Report

Deep-Dive Report: Morocco After Akhannouch — The Billionaire Prime Minister Leaves Office, and Where Morocco's Business Elite Is Putting Its Money

Aziz Akhannouch has left office after five years as Morocco's billionaire prime minister, and his party is moving into opposition. Meanwhile Morocco's biggest fortunes are expanding into West Africa, Spain and World Cup projects. What the change means for Akwa, the banks and the builders.

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Deep-Dive Report: After the Bell — Airtel Money Slips Below Its Offer, MNT-Halan Draws 11 Times Demand, and What Africa's Listing Window Has Taught Us So Far
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Deep-Dive Report: After the Bell — Airtel Money Slips Below Its Offer, MNT-Halan Draws 11 Times Demand, and What Africa's Listing Window Has Taught Us So Far

Airtel Money opened below its offer price in London. MNT-Halan's institutional book was covered 11 times. Dangote extended his IPO, and Firmus pulled a $30 billion listing in Sydney. The first results from Africa's listing window, and what they tell investors about the rest.

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African Wealth Briefing — Mon., Oct. 26, 2026
Newsletter

African Wealth Briefing — Mon., Oct. 26, 2026

Dangote's refinery IPO closes tomorrow, and new details show he nearly walked away from his Kenya Pipeline deal. Femi Otedola is reportedly buying up to 5% of Dangote Cement. Shoprite is in banking talks with Investec. And Douw Steyn's former home is now Africa's leading boutique hotel.

,   and  Mfonobong Nsehe
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The Inside Story: The House on Saxon Road — How Douw Steyn Built an Insurance Empire, Sheltered Nelson Mandela and Left Africa Its Leading Boutique Hotel
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The Inside Story: The House on Saxon Road — How Douw Steyn Built an Insurance Empire, Sheltered Nelson Mandela and Left Africa Its Leading Boutique Hotel

Douw Steyn sold insurance by telephone before anyone else in South Africa, built a business across two continents and lent his Johannesburg home to Nelson Mandela. That home, The Saxon, has just been named Africa's leading luxury boutique hotel. The story of the man who built it.

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