By the AFREEQUE newsroom, based on RFI
The Dangote refinery’s initial public offering in Nigeria received requests representing three to four times the amount sought, according to Aliko Dangote’s conglomerate. In Lagos, the operation also attracted individuals making their first stock-market investment, reports RFI Monde.
Ongoing story · day by day
The Dangote refinery opens its share offering, targets $1.6 billion, and extends its stock-market listing.
29 OctBotswana negotiates fuel deal with Dangote
29 OctDangote to supply half of Cameroon’s imported fuel
28 OctDangote refinery offer attracts $4.78 billion in subscriptionsThree road accidents in Lagos killed four people and injured seven on Wednesday, according to the Lagos State Emergency Management Agency. In the most serious, a truck carrying a container overturned onto a minibus after a collision on the Ibeju-Lekki Expressway, P.M. News reports.
🇳🇬 Nigeria · Source: P.M. News ·
Bandits abducted 29 women and a child in four villages in Niger State, Nigeria, according to the state police command. A joint security team pursued the kidnappers and secured the release of several women, Leadership reports.
🇳🇬 Nigeria · Source: Leadership ·
Botswana is negotiating a refined fuel supply agreement with Dangote to reduce shortage risks and diversify imports. Mines and Energy Minister Bogolo Kenewendo says the government is also speaking with suppliers in Angola and Ivory Coast, according to Bloomberg.
🇧🇼 Botswana · Source: Business Day Nigeria ·
Dangote will supply half of Cameroon’s imported fuel after nine months of negotiations with a delegation from the Cameroonian presidency. The agreement concluded in Lagos also involves MRS Holding and should reduce costs linked to intermediaries, according to EcoMatin.
🇨🇲 Cameroon · Source: EcoMatin ·
Borno creates rapid response team against EbolaThe Borno State government in Nigeria has created a rapid response team to quickly detect and contain possible Ebola cases. Two isolation centres have also been planned in Maiduguri, while surveillance, contact tracing and public awareness will be strengthened, according to public health director Goni Imam Ali.
Mali entrusts Russia with mapping its subsoilMali has signed two agreements with Zarubezhgeologia, a subsidiary of Rosgeologia, to map two areas covering more than half of its territory and create a national mining information system. The tools are intended to guide exploration, centralise data and improve licence monitoring, according to Reuters.The week in Africa
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