Capital markets9 min read
Dangote Refinery IPO: What African Energy Listings Can Teach Investors About the Long Game
At ₦525 per share, the Dangote Refinery offer has drawn millions of naira of potential retail money. African energy listings — Sasol, Vivo Energy, Kenya Pipeline, Seplat and Aradel — show why a high-profile IPO is not the same thing as a guaranteed return.
