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Nigeria's pension regulator granted a one-off waiver allowing pension funds to invest in the Dangote Refinery IPO, as Dangote told South African pension chiefs the listing will democratise African wealth.
Aliko Dangote is targeting a $50 billion valuation for his refinery IPO on the Nigerian Exchange in what could be Africa's biggest stock offering ever.
Aliko Dangote is considering listing his refinery on the Ethiopian Securities Exchange as part of a pan-African IPO push that could reshape capital markets across the continent.
Aliko Dangote is preparing a pan-African IPO for his refinery, valued at up to $50 billion, targeting listings across multiple African exchanges as early as June 2026.
NGX Group has convened chiefs of five African stock exchanges in Lagos to advance cross-border listings of the Dangote Refinery ahead of a June-July 2026 IPO on the NGX.