After Petroleum Refinery, Dangote Announces 2028 IPO for Fertiliser Business

• Positions it to become biggest fertiliser company on earth •Says Africa will no longer ask for aid • Targets investing $46bn-$50bn across continent, plans 12m-tonne urea output •Jokes over

thisdaylive.com ·2h ago

Aliko Dangote, Chairman and CEO of Dangote Industries Limited, announced plans for Dangote Fertiliser to go public in 2028, making it the world's largest fertiliser company. The company aims to invest $46 billion to $50 billion across Africa, with 12 million tonnes of urea production, along with potash, phosphate, and diammonium phosphate projects. Dangote stated that Africa will no longer require aid and is committed to developing its continent.

Written by urgent.news from This Day's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at thisdaylive.com →

More in Finance & Markets

India's first blue bond set for launch next week, official says

The lender plans to raise 600 crore from 10-year bonds, including a 500 crore greenshoe option, according to a provisional term sheet

2h ago ·thehindubusinessline.com

India Gold price today: Gold falls, according to FXStreet data

Gold prices fell in India on Tuesday, according to data compiled by FXStreet.

2h ago ·fxstreet.com

Oil Price Relief Gives Dalal Street A Lift, Sensex And Nifty Edge Higher At Opening Bell

Mumbai: Indian benchmark indices opened slightly higher as softer global crude oil prices, a stronger rupee and upbeat overseas markets supported investor sentiment.

2h ago ·freepressjournal.in

Indian Shares Modestly Higher; IT Stocks Slip On AI Disruption Concerns

(RTTNews) - Indian shares were modestly higher in cautious trade on Tuesday, with underlying sentiment supported somewhat by falling crude oil prices in international markets amid hopes for diplomatic…

2h ago ·nasdaq.com

₹1cr claim denied over income inflation; why wife won

2h ago ·economictimes.indiatimes.com

Oil rebounds as markets weigh Iran diplomacy

Arabian Post Staff -Dubai Oil prices edged higher on Tuesday, snapping a four-session decline as traders balanced persistent Middle East supply risks against the possibility of diplomatic contacts between the United States and Iran during the United Nations General Assembly in New York.

2h ago ·thearabianpost.com