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The Aliko Dangote Foundation has launched a grant initiative to help up to two million vulnerable Nigerian women acquire shares in the Dangote Petroleum Refinery IPO through matching and unconditional grants.

Dangote Petroleum Refinery is expanding its $1.6 billion IPO into Egypt through a planned depositary receipt programme, with the offer deadline extended to October 27, 2026, to accommodate wider African participation.

A Kenyan court cleared an interim order after petitioners cited the wrong land parcel, while Botswana was picked to host the Southern African leg of Dangote's refinery IPO.

The initial public offering of Dangote Petroleum Refinery and Petrochemicals was scheduled to close on October 13, 2026, a landmark test of whether Nigerian retail investors will buy into the country's biggest company.

The SEC warned that Wayvepay is not registered to operate in the capital market, after the platform said it would offer access to the Dangote Refinery IPO.

Ethiopia has joined the list of investors in Dangote Petroleum Refinery's initial public offering, broadening the deal's pan-African appeal.

Dangote Petroleum Refinery reported a profit of about N6.29 trillion (about $4.73 billion) for the first nine months of 2026, cementing its turnaround.

Dangote Petroleum Refinery has pushed the close of its $1.6 billion IPO to October 27, giving investors more time to subscribe to Africa's biggest listing.

The ramp-up is reshaping the import bill and the economics of downstream distribution.

For now, Dangote is signalling that the refinery plans remain on course, while the legal process will determine how the disputed site...

The Land Dispute Is Now Part of the Project The case was brought by 133 Chandavai residents who say their families have occupied and...

March trade flows marked a structural shift for a country that spent decades importing petrol despite being one of Africa's largest crude producers.