Billionaire Aliko Dangote to List Ethiopian Fertiliser Firm

Africa’s richest man plans to open his Ethiopian fertiliser business to investors through at least 10% stock-market listing

Aliko Dangote plans to list at least 10% of his group’s Ethiopian fertiliser business on the Ethiopian Securities Exchange, extending his push to bring African investors into the ownership of major industrial ventures.

Dangote to sell another of his company’s shares in another African country

Dangote plans to sell 10% of his $4bn Ethiopian fertiliser business to local investors, as the Gode plant targets 3m tonnes of urea a year and boosts output.

Billionaire Aliko Dangote to list Ethiopian fertiliser firm

Aliko Dangote says he will sell at least 10% of his Ethiopian fertiliser venture on the local exchange, even if Prime Minister Abiy Ahmed disagrees.

Aliko Dangote Pledges To List 10pct Of Gode Fertilizer Venture On Ethiopian Securities Exchange

Local Access Limited to 100 Qualified Buyers through Depository Receipts Dangote Petroleum and Petrochemicals executives, alongside African financial leaders and senior Ethiopian government officials, officially launched their landmark cross-border initial public offering (IPO) investor engagement in Addis Ababa on Thursday. The event showcased a historic integration of African capital markets, enabling eligible Ethiopian investors to […]