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Kenyans need at least Sh107, 000 for Dangote IPO shares
Founder and Chief Executive Officer of the Dangote Group Aliko Dangote speaking during the Dangote Refinery IPO Engagement with Kenya and East African Institutional Investors at NSE offices in Nairobi on September 29, 2026.
Kenyan investors will need at least Sh107,000 to buy shares in Nigeria’s Dangote Petroleum Refinery initial public offering through a financial instrument, which will be listed on the Nairobi Securities Exchange (NSE).
The higher minimum is set to lock out a significant share of retail investors from the Lagos-based refinery IPO, which is being sold to local investors via an instrument known as global depository receipts (GDRs).
