Africa's richest man launches continent's biggest share sale
Nigerian billionaire Aliko Dangote says he wants ordinary people to share in the success of his oil refinery.
Aliko Dangote has launched Africa's largest share sale, offering public equity in his Nigerian oil refinery as part of a push to broaden local ownership. The move could deepen Nigeria's capital markets and set a precedent for large-scale domestic listings, though uptake will depend on retail investor capacity and prevailing market conditions.
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