Aliko Dangote.PHOTO@AlikoDangote/X

Aliko Dangote’s Ksh7 trillion fortune: Inside the succession plan for his three daughters

Africa’s richest industrialist, Aliko Dangote, is preparing his three daughters to take on greater responsibilities across his business empire as his fortune edges towards a potential $58 billion, or approximately Ksh7.56 trillion. The succession strategy comes as he pursues an ambitious expansion plan that could transform his family conglomerate into one of the world’s most…

President William Ruto and Aliko Dangote during the groundbreaking of Lamu refinery. PHOTO/@WilliamsRuto/X

CMA opens Dangote refinery IPO to Kenyan investors

Kenyan investors can now seek exposure to the Dangote Petroleum Refinery & Petrochemicals IPO through a Global Depository Receipt (GDR) structure after the Capital Markets Authority (CMA) approved a prospectus, paving the way for participation through the Nairobi Securities Exchange (NSE). The CMA said on October 5, 2026, that it had approved the Short Form…