Africa’s richest man, Aliko Dangote, has finally launched the much anticipated IPO of part of his refinery business, and it's generated so much hype that many investment apps were overwhelmed by demand. The company hopes to raise as much as $2 billion from retail investors and with a minimum investment of just $4, the firm hopes ordinary Africans will buy shares.

On today’s special episode, Deputy Managing Editor for Africa Neil Munshi joins Jennifer Zabasajja. They hear from Bloomberg's Lagos based reporter Yinka Ibukun about the mood among Nigerians, and then speak to analyst Feyi Fawehinmi about why he’s not convinced by the hype.

Follow all our coverage of the Dangote IPO across Bloomberg platforms, and you can subscribe to the Next Africa Newsletter for more.

Africa&rsquo;s richest man, Aliko Dangote, has finally launched the much anticipated IPO of part of his refinery business, and it's generated so much hype that many investment apps were overwhelmed by demand. The company hopes to raise as much as $2 billion from retail investors and with a minimum investment of just $4, the firm hopes ordinary Africans will buy shares.
On today&rsquo;s special episode, Deputy Managing Editor for Africa Neil Munshi joins Jennifer Zabasajja. They hear from Bloomberg's Lagos based reporter Yinka Ibukun about the mood among Nigerians, and then speak to analyst Feyi Fawehinmi about why he&rsquo;s not convinced by the hype.
Follow all our coverage of the Dangote IPO across Bloomberg platforms, and you can subscribe to the <a href="https://www.bloomberg.com/account/newsletters/next-africa">Next Africa Newsletter</a> for more.

Next Africa is a weekly podcast about where Africa is going and why it matters to everyone.

Each episode tells a story from the continent and follows it through real life, business, politics and culture. From electricity and climate to jobs, migration, technology, sport and music, the podcast looks at the forces shaping daily life and how those changes connect to the wider world.

The show covers challenges and breakthroughs side by side. It explains the impact of energy shortages and climate risk, but also the rise of new industries, creative economies and young entrepreneurs. Stories are reported on the ground and told with clarity, combining data, context and lived experience.

Hosted by Jennifer Zabasajja and built on original journalism from reporters on the ground, Next Africa puts local voices at the centre of the story, delivering clear, factual reporting without cliché or assumption.

Whether you live on the continent or want to better understand a region shaping the future, Next Africa offers insight, perspective and stories worth listening to.

Next Africa is a weekly podcast about where Africa is going and why it matters to everyone.
Each episode tells a story from the continent and follows it through real life, business, politics and culture. From electricity and climate to jobs, migration, technology, sport and music, the podcast looks at the forces shaping daily life and how those changes connect to the wider world.
The show covers challenges and breakthroughs side by side. It explains the impact of energy shortages and climate risk, but also the rise of new industries, creative economies and young entrepreneurs. Stories are reported on the ground and told with clarity, combining data, context and lived experience.
Hosted by Jennifer Zabasajja and built on original journalism from reporters on the ground, Next Africa puts local voices at the centre of the story, delivering clear, factual reporting without clich&eacute; or assumption.
Whether you live on the continent or want to better understand a region shaping the future, Next Africa offers insight, perspective and stories worth listening to.

Inside the stories shaping the world’s fastest-growing continent.

Next Africa

Can Dangote’s IPO Live Up to The Hype?

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