Earlier in August, it was reported that Nigeria's Dangote Refinery secured a $1 billion underwriting for its upcoming stock market listing, set to become Africa's largest IPO. According to the UN, growth across Africa was expected to reach 4. 0% in 2026.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-24/how-nigeria-could-reshape-the-african-economy-video)