Southern Africa: Botswana to Host Southern African Trading Hub for Dangote Refinery IPO

Botswana has been selected to host the Southern African component of the planned initial public offering for Dangote Petroleum Refinery.

This move gives Botswana a central role in connecting investors across Southern African markets to the proposed share sale. The refinery’s promoters extended the IPO timeline by two weeks, to October 27, to establish structures allowing wider African investor participation. Collen Tapfumaneyi, chairman of the Southern African Development Community (SADC)…