Aliko Dangote is targeting a $50 billion valuation for his refinery IPO in what could be Africa's biggest ever stock market offering
Billionaires Africa | 12.05.2026 15:03
Aliko Dangote wants $50 billion for his refinery. That is the internal valuation target the Dangote Group is working toward as it prepares to list up to 10% of Dangote Petroleum Refinery and Petrochemicals FZE on the Nigerian Exchange, in a transaction that could raise approximately $5 billion and rank as the largest public offering in African stock market history.
