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Capital Markets Authority clears Dangote Refinery IPO for Ugandan investors

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Capital Markets Authority clears Dangote Refinery IPO for Ugandan investors
Image · The Independent Uganda

What the report says

Kampala, Uganda | URN | The Capital Markets Authority (CMA) has authorised the marketing and distribution of the initial public offering (IPO) for Dangote Petroleum Refinery and Petrochemicals FZE to eligible Ugandan investors. The Authority has, however, restricted participation to high-net-worth individuals and institutional or professional investors. The approval allows SBG Securities Uganda Limited to … The post

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