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African Markets
mystocks.africa
mystocks
African Markets
mystocks.africa
Updated as events develop. Refresh for latest.
Est. Valuation
$15B – $25B
Exchange
NGX
Expected Listing
TBA
Latest Update
2025-03-10
Based on independent analyst estimates. Final valuation determined at IPO pricing. Saudi Aramco listed at ~$1.7T (2019); Dangote would be Africa’s largest by a wide margin.
2016
Construction begins at Lekki Free Zone
2023
First crude oil processed at the refinery
2024
Commercial production commences
2025
SEC Nigeria pre-filing discussions
TBA
NGX listing & public subscription
Analysts estimate Dangote IPO valuation between $15B – $25B
African Capital Markets Review
Dangote Refinery hits full operational output on key crude units
Dangote Group
NGX Group signals readiness to list mega-cap energy companies
Nigerian Exchange Group
capacity
650,000 barrels per day
location
Lekki Free Zone, Lagos, Nigeria
founder
Aliko Dangote
target Exchange
Nigerian Exchange Group (NGX)
sector
Energy & Petrochemicals
est Valuation
$15B – $25B USD
company Age
Est. 1981
We’ll email you the moment the Dangote IPO files with SEC or opens for subscription.