Nigeria: Afrikas größte Ölraffinerie startet Rekord-Börsengang
Der Börsengang der nigerianischen Raffinerie könnte mit 1,6 Milliarden Dollar einen Rekord in Afrika aufstellen. Doch ihre hohe Bewertung sorgt auch für Kritik.
New York - In a groundbreaking initial public offering (IPO), African investors now have the opportunity to participate in Nigeria's largest oil refinery. Nigerian entrepreneur Aliko Dangote aims to sell shares worth approximately $1.6 billion (around €1.36 billion) to private investors across Africa. This would be the largest IPO in the continent's history.
Dangote, Africa's wealthiest man, hailed the offering as a "shareholder's IPO" and assured everyone would have a chance to participate. The refinery's shares in Lagos, Nigeria, are priced at 5,250 Nigerian Naira (around €3.40), with a minimum purchase of ten shares. Dangote retains 87% of the shares. The IPO has garnered significant investor interest due to the refinery's size and the anticipated returns, especially with oil prices rising due to the conflict between the US and Iran.
The 16.1 billion Euro ($16.1 billion) refinery began operations in 2024, making Nigeria the first African country to export refined oil after decades of dependence on imports. However, the IPO is contentious. The refinery is valued at around €41.6 billion, more than double its construction cost, which many critics question as unjustified.
Dangote also plans to expand the refinery's capacity to 1.4 million barrels per day, with more potential price impact from the pipeline attack in Saudi Arabia.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
