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⚡ Markets: A landmark IPO for African capital markets that could attract significant foreign investment. The refinery's success could transform Nigeria's economy from a fuel importer to an exporter, impacting regional energy markets.
Nigerian billionaire Aliko Dangote has launched an Initial Public Offering for his new large-scale oil refinery, in what is billed as the biggest share sale in African history. The move aims to allow ordinary citizens and investors to own a stake in the continent's largest refinery.
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