Tag: Oil
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🇳🇬 Dangote Refinery Launches $1.6 Billion IPO in Africa’s Biggest Share Sale
Nigeria’s Dangote oil refinery is preparing a $1.6 billion initial public offering that would value the refinery at about $47 billion, in what Reuters reports would be Africa’s largest stock-market listing. The planned November listing marks a major stage in the development of the Lagos-based refine…
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Big Barrels: African Oil and Gas and the Quest for Prosperity
Big Barrels takes aim at the perception that in Africa oil and gas can do no good. For decades, resource wealth in Sub-Saharan Africa has been synonymous with corruption and dysfunction. The reality is far more complex and generally more encouraging. In a series of eight case studies Big Barrels looks at what African nations…