September 12th 2026 The truth and the lies about Islam in Europe Unlock unlimited access to all our award-winning journalism, subscriber-only podcasts and newsletters Unlock unlimited access to all our award-winning journalism, subscriber-only podcasts and newsletters A LIKO DANGOTE is the big man of African business. He is the continent’s wealthiest tycoon, worth give or take $30bn. He has built its largest oil-refining complex, roughly half the size of Manhattan, on the outskirts of Lagos.
And on September 14th he launched Africa’s biggest ever initial public offering (IPO) for Dangote Petroleum Refinery, to give the mega-project its official name, hoping to raise $1.6bn at a valuation of nearly $50bn. If it reaches this market capitalisation when its shares begin trading on the Nigerian Exchange in November, it could instantly become one of Africa’s most valuable listed firms. The Economist invites applications for the Marjorie Deane internship Surging bond yields presage pain—and not just for bond investors Stubborn inflation, corporate demand for capital and big public debts are squeezing holders of government bonds To enhance your experience and ensure our website runs smoothly, we use cookies and similar technologies.
Registered in England and Wales. No. 236383 | Registered office: The Adelphi, 1-11 John Adam Street, London, WC2N 6HT | VAT Reg No: GB 340 436 876
Extract — continue reading at the source.
