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Verilumia

The Daily Verified Briefing

Markets

Dangote Refinery to raise $5 bn in Africa’s biggest IPO

Published 6 August 2026

The Dangote Petroleum Refinery, Africa's largest refining facility, is preparing for a landmark initial public offering (IPO) expected to conclude in October 2026, aiming to raise approximately $5 billion in what could become the continent's largest-ever stock market listing.

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