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Africa's biggest oil refinery opens to public ownership, sparking excitement among retail investors

Africa's biggest oil refinery opens to public ownership, sparking excitement among retail investors
Photo: KPRC 2 / Click2Houston (NBC) · view original

Nigerian industrialist Aliko Dangote opened his refinery to public ownership Monday with plans to raise $1.6 billion from retail investors across the continent in Africa’s biggest initial public offering, or IPO. Dangote, Africa's richest man, dubbed the IPO one "for the people” and said he want...

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