Kenya clears billionaire Aliko Dangote's refinery IPO for Nairobi investors through depositary receipts
Billionaires Africa | 07.10.2026 18:15
Kenya's capital markets regulator has cleared the way for Kenyan investors to buy into Nigerian billionaire Aliko Dangote's refinery before its $1.6 billion initial public offering closes next week, approving a structure that will turn Nigerian shares into Kenyan-shilling receipts traded in Nairobi.
