Africa's richest man raises $2.5 billion in private placement before landmark refinery IPO
Aliko Dangote has raised $2.5 billion in a private placement ahead of his Nigerian refinery's IPO, set to become the largest in African history.
IPO
SpaceX shares fall below $135 IPO price for the first time since debut
SpaceX shares fell below their $135 IPO price for the first time on Wednesday, leaving investors in Elon Musk's rocket company with paper losses.
Egypt's wealthy Allam family weighs public listings for Hassan Allam real estate and infrastructure units
Egypt's Hassan Allam Holding is weighing public listings for real estate and infrastructure subsidiaries on Gulf exchanges or the EGX, keeping the parent private.
Aliko Dangote lines up advisers for pan-African IPO of his $20 billion refinery
Aliko Dangote has appointed three financial advisers for a pan-African IPO of Dangote Petroleum Refinery, targeting listings across multiple African exchanges.
Gbenga Agboola-led Flutterwave advances plans for NASDAQ IPO despite allegations
Flutterwave is a San Francisco- and Lagos-based fintech group.
Billionaire Gbenga Agboola’s Flutterwave faces allegations of financial impropriety amid IPO plans
Despite the allegations, the firm is continuing to prepare for its IPO.
Egyptian billionaire Nassef Sawiris’ Fertiglobe plans IPO
The deal will be the first onshore listing of a free zone company in the UAE.
Elon Musk nominated as board member at U.S. entertainment giant
Endeavor has nominated Elon Musk to join its board in an IPO filed with the U.S. Security Exchange Commission on March 31.