Dangote Refinery has extended its US$1.6B IPO to October 27 to widen African investor access. The offer could deepen capital markets and help finance industrial growth, but investors must weigh valuation and risk.

Dangote Refinery has extended its US$1.6B IPO to October 27 to widen African investor access. The offer could deepen capital markets and help finance industrial growth, but investors must weigh valuation and risk.
Africa’s largest IPO is now open, and Kenyans can apply from a phone.
The catch is in the minimum, the window, and what happens if it is oversubscribed.
More details: thekenyatimes.com/4j59
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