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cedirates.com > news > africa-s-richest-man-says-refinery-shares-could-rise-nineteenfold-but-that-would-value-the-company-near-1-trillion

Africa’s richest man says refinery shares could rise nineteenfold, but that would value the company near $1 trillion

12+ hour, 34+ min ago   (1032+ words) Africa’s richest man has attached an extraordinary number to Africa’s biggest initial public offering $7.33 (N10,000) per share. Aliko Dangote said shares in Dangote Petroleum Refinery and Petrochemicals, offered at $0.38 (N525) each, could eventually reach N10,000. “A day will come when this share will…...