business

Rwanda moves to facilitate participation in Dangote Refinery IPO

Rwanda’s Capital Markets Authority says it is working with stakeholders to enable Rwandan investors to participate in the ongoing Dangote Petroleum Refinery IPO.

By Babatunde Ademola Fadewo

1 min read 4 views Updated Oct 12, 2026
Rwanda’s Capital Markets Authority has begun discussions with relevant stakeholders to facilitate participation by Rwandan investors in the ongoing initial public offering of Dangote Petroleum Refinery and Petrochemicals. The regulator said there had been strong interest in the offer and that arrangements were being explored to make participation possible.

Interested investors in Rwanda have been advised that they may register their interest through United Capital Financial Services Rwanda Ltd while the process is being finalised. The regulator stressed that registering interest does not amount to a subscription or guarantee an allocation of shares.

The Dangote Refinery IPO opened on September 14 and is scheduled to close on October 13. The offer comprises 4.1 billion ordinary shares at N525 each, with a minimum subscription of 10 shares, as the company moves towards listing on the Nigerian Exchange.

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Rwanda’s Capital Markets Authority says it is working with stakeholders to enable Rwandan investors to participate in the ongoing Dangote Petroleum Refinery IPO. Rwanda’s Capital Markets Authority has begun discussions with relevant stakeholders to facilitate participation by Rwandan investors in the ongoing initial public offering of Dangote Petroleum Refinery and Petrochemicals. The regulator said there had been strong...

Key takeaways
  • Rwanda’s Capital Markets Authority says it is working with stakeholders to enable Rwandan investors to participate in the ongoing Dangote Petroleum Refinery IPO.
  • Rwanda’s Capital Markets Authority has begun discussions with relevant stakeholders to facilitate participation by Rwandan investors in the ongoing initial public offering of Dangote Petroleum Refinery and Petrochemicals.
  • The regulator said there had been strong interest in the offer and that arrangements were being explored to make participation possible.Interested investors in Rwanda have been advised that they may register their interest through United Capital Financial Services Rwanda Ltd while the process is being finalised.
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What is this story about?

Rwanda’s Capital Markets Authority says it is working with stakeholders to enable Rwandan investors to participate in the ongoing Dangote Petroleum Refinery IPO. Rwanda’s Capital Markets Authority has begun discussions with relevant stakeholders to facilitate participation by Rwandan investors in the ongoing initial public offering of Dangote Petroleum Refinery and Petrochemicals. The regulator said there had been strong...

Who published this story?

Glow 99.1 FM published this story with Babatunde Ademola Fadewo listed as author.

When was it published?

September 18, 2026

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