top of page
QuickMart's IPO: How A Major Investor Exit Is Opening the Door to New Investors
Kenyan supermarket giant Quickmart is preparing for a KSh15 billion ($116M) initial public offering (IPO), giving everyday investors a chance to own a stake in one of the country’s largest retailers. The offering comprises 2 billion shares at KSh7.50 each, representing 50% of the company, ahead of a planned Nairobi Securities Exchange listing on November 12, 2026. The offer closes October 30, marking a milestone for Kenya’s retail sector. Founded in 2006 by the late John Kinu

Spotlight In Africa
4 days ago2 min read


Africa's Biggest IPO: What to Know About Dangote's Refinery's $47 Billion Public Offering
Dangote Petroleum Refinery is preparing for what is set to become the largest initial public offering in African history—a landmark moment for Nigeria’s capital market and African industrial investment. Following regulatory approval, the refinery will offer 4.1 billion shares at ₦525 ($0.40) each, potentially raising about ₦2.15 trillion ($1.63 billion). The offer is expected to run from September 14 to October 13, with trading potentially beginning on the Nigerian Exchange i

Spotlight In Africa
Sep 162 min read


bottom of page
