A $50 billion refinery valuation tests liquidity across African capital markets. Dangote Refinery’s initial public offering is shaping up to be one of the most historic capital markets events for the continent—a referendum on whether Africa can mobilize the liquidity and investor confidence required to finance a globally competitive industry.  Chinenyem Anyanwu, CEO of Lagos-based Dependable Securities, said the offering is attracting both institutional investors and first-time investors,

Tag-uri: Referendum