Kenya’s Lamu Town and UNESCO World Heritage site
Aliko Dangote has opened a month-long IPO for Dangote Petroleum Refinery, offering roughly 3% of the company to retail investors from 14 September with minimum purchases of 10 shares. The sale will fund plans to double capacity to about 1.4m barrels per day and expand listings outside Africa, while critics warn of concentration of ownership and valuation risks.
Kenya's government says its stake and a public share offer will accompany the Dangote refinery project, which is moving toward groundbreaking despite ongoing land disputes and court orders. Officials promise transparency and local participation while Dangote stresses investor interest and regional job creation.
AU mediators have carried out consultations in Goma and Kigali to advance the Washington Peace Agreement and related processes, focusing on security commitments, refugee protection, and regional economic cooperation. The talks add to ongoing Doha and Washington tracks and aim to secure progress amid escalating fighting in eastern DRC.