# Investors From 119 Countries Pile Into Dangote’s Record Refinery IPO

- Source: OilPrice.com
- Published: 2026-10-27T13:30:00+00:00
- Category: Markets
- Original: https://oilprice.com/Latest-Energy-News/World-News/Investors-From-119-Countries-Pile-Into-Dangotes-Record-Refinery-IPO.html
- Canonical: https://groundlevelnews.com/story/investors-from-119-countries-pile-into-dangote-s-record-refinery-ipo-576f52/

The initial public offering of Nigeria’s Dangote refinery has reached its target to raise $1.6 billion in funds from domestic and retail investors alone, sources with knowledge of the IPO process told Bloomberg on Tuesday. Demand from international investors is set to significantly exceed even the $2.1-billion target with a 30% over-allotment option, according to the sources. The Dangote refinery

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