Dangote Says Kenya Refinery Will Be Listed in Nairobi
African billionaire Aliko Dangote said shares in a Kenya refinery that he’s building will trade on the country's stock exchange. Breaking ground on the $16 billion project is planned for Wednesday, but a Kenyan court ordered it be paused after a group of petitioners filed a case opposing the project. Dangote was speaking at an investors’ event in Nairobi on Tuesday. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.