Aliko Dangote Pledges To List 10pct Of Gode Fertilizer Venture On Ethiopian Securities Exchange
According to The Reporter Ethiopia — Business, Aliko Dangote, president and chairman of Dangote Group, said he plans to list at least 10 percent of its Gode fertilizer business on the Ethiopian Securities Exchange (ESX), allowing Ethiopian investors to buy shares in the venture. Speaking at the Dangote Petroleum Refinery IPO investor roadshow in Addis Ababa on Thursday, Dangote said the listing would follow the stabilization of fertilizer production.
What happened
Aliko Dangote, president and chairman of Dangote Group, said he plans to list at least 10 percent of its Gode fertilizer business on the Ethiopian Securities Exchange (ESX), allowing Ethiopian investors to buy shares in the venture. Speaking at the Dangote Petroleum Refinery IPO investor roadshow in Addis Ababa on Thursday, Dangote said the listing would follow the stabilization of fertilizer production.
Why it matters
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