Dangote Refinery hits $39.1 billion valuation as $1 billion share sale attracts over $2 billion in investor demand
The Dangote Petroleum Refinery has secured a valuation of $39.1 billion as it advances a $1 billion private placement, which has already attracted more than $2 billion in investor commitments, signaling strong market confidence in the landmark industrial project. As part of the fundraising exercise, the refinery plans to offer 3 billion ordinary shares at $0.35 per share, making it…
