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Kenya: Dangote Refinery IPO Open to Kenyans Through NSE-Listed Gdrs

Africa 1 source 1 country 🔦 Under-reported 9m ago

[Daba Finance] 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.

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