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Africa's biggest ever IPO
Subscription window for Africa's "People's IPO" closes today for the Dangote Refinery in Nigeria. Which has reportedly been almost three times oversubscribed, with billions of dollars' worth of orders from retail and institutional investors. We find out what it means for investment in the continent.
The first three ships full of Russian diesel head for the US, but two of them are currently sanctioned by the EU, UK and Canada. We find out if they will be able to land and what could be the legal implications for any US companies handling the product.
China's state television company has…
The skinny
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