Aliko Dangote doesn’t really need to tap Nigerian retail shareholders for the money. But they'll help him make sure Dangote Refinery is seen as a national champion, writes @mihirssharma (via @opinion)
Aliko Dangote plans to extend the deadline for applications for the initial public offering in his Nigerian refinery by two weeks, according to people familiar.
Aliko Dangote’s refinery is bigger than any in Europe, and his IPO is the largest yet in Africa. Now he wants 10 million Africans to own a stake in it.