Public offering of Aliko Dangote’s Nigerian oil refinery business could swell his net wealth by two thirds The fortune of Africa’s richest person could swell by two thirds to nearly $60 bn (£44 bn) after his refinery in Nigeria listed publicly in the continent’s biggest-ever initial public offering.
If Monday’s flotation of Dangote Petroleum Refinery and Petrochemicals goes to plan, then Aliko Dangote will add another $23 bn (£17 bn) to his $35 bn net worth. Continue reading...