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  /  All News   /  Africa’s richest man Dangote’s IPO out of reach in Nigeria

Africa’s richest man Dangote’s IPO out of reach in Nigeria

  Dangote seeks $1.6 billion from investors to finance a $14.3 billion expansion and thus double the oil refinery’s capacity. The offer could give millions of Nigerians a stake in the company. But who can truly afford it?  

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