The Nigerian Exchange Group (NGX Group) has been commended for bringing African exchanges together to expand cross-border investment opportunities through the ongoing roadshow for the Dangote Petroleum Refinery and Petrochemicals FZE offer.
The commendation by the Dangote Industries Limited and the Botswana Stock Exchange came during an investor engagement in Gaborone.
The roadshow forms part of NGX Group’s wider initiative to deepen collaboration among African exchanges and widen access to investment opportunities across the continent.
The Group Chief Financial Officer of Dangote Industries Limited, Murat Erden, praised the NGX Group, for galvanising African exchanges around the initiative, which began with an engagement convened by NGX Group in Lagos in April 2026.
He also highlighted the role of digital innovation in broadening access to the offer, citing the addition of WhatsApp to NGX Invest, and acknowledged the partnership between NGX Group and participating exchanges in reaching investors across their respective markets.
For his part, the Chief Executive Officer of the BSE, Aobakwe Aupa Monyatsi welcomed the collaboration, highlighting the value of partnerships among African exchanges and the opportunity to widen participation by encouraging additional markets to join the initiative.
At an earlier engagement in Nairobi, President and Chief Executive of Dangote Industries Limited, Aliko Dangote, also lauded the NGX Group for their role in advancing collaboration among African capital-market institutions.
He stated how stronger ties between exchanges could enable companies to raise capital across multiple markets rather than being limited to their home markets.
Citing the planned refinery in Mokowe-Lamu, Kenya, as an example, he pointed to the potential for businesses operating across Africa to list in more than one market.
Reacting, the NGX Group Chairman, Alhaji Umaru Kwairanga, said; ”the Group’s vision is to build stronger connections among African capital markets, making it easier for businesses to access capital and for investors to participate in opportunities across the continent.”
According to him, the collaboration around the Dangote Refinery offer demonstrates what African exchanges can achieve when they work together towards a shared objective.
