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Kenyan investors could gain access to Dangote Petroleum Refinery shares through Global Depositary Receipts traded on the Nairobi Securities Exchange, creating a local route into Africa’s largest IPO. Renaissance Capital is developing the structure, subject to approval from Kenya’s Capital Markets Authority and the NSE, with a potential launch in early December.<\/p>\n
Under the plan, the refinery’s ordinary shares would remain listed and held in Nigeria while corresponding GDRs trade in Nairobi. Kenyan…<\/p>\n<\/div>\n
Read more on AllAfrica.com<\/a> Kenyan investors could gain access to Dangote Petroleum Refinery shares through Global Depositary Receipts traded on the Nairobi Securities Exchange, creating a local route into Africa’s largest IPO. Renaissance Capital is developing the structure, subject to approval from Kenya’s Capital Markets Authority and the NSE, with a potential launch in early December. Under the plan, […]<\/p>\n","protected":false},"author":10,"featured_media":246185,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[249],"tags":[258,256,6698,55565,20413,4688,9058,257,393,55564,5983,17220,254],"class_list":["post-246184","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nigeria","tag-africa","tag-africa-news","tag-dangote","tag-gdrs","tag-ipo","tag-kenya","tag-kenyans","tag-news","tag-nigeria-news","tag-nselisted","tag-open","tag-refinery","tag-south-africa-today"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/246184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=246184"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/246184\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/246185"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=246184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=246184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=246184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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South Africa Today Africa \u2013 West Africa Nigeria<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"