非洲最大的首次公开发行将因丹格特炼厂推动将其股份出售扩展至埃及而呈现更泛非洲的形态。
Africa’s largest initial public offering is set to take a more pan-African shape with the Dangote Refinery’s push to extend the sale of its shares to Egypt.
该出售将使用存托凭证，这种工具也将用于向博茨瓦纳和肯尼亚的潜在股东提供非洲最大炼厂的所有权。
The sale will involve the use of depositary receipts, the same instruments that will be used to offer ownership in the continent’s largest refinery to prospective shareholders in Botswana and Kenya.
此次首次公开发行旨在通过自九月中旬在尼日利亚启动的出售筹集16亿美元。公司已设定21亿美元的硬性上限，但亿万富翁所有者阿利科·丹格特本周表示，已“收到超过目标三倍或四倍”的认购。他表示，将认购期延长两周至10月27日，旨在为将更多非洲交易所纳入流程提供便利。
The IPO aims to raise $1.6 billion through the sale that started mid-September in Nigeria. The company has imposed a hard cap of $2.1 billion, but has “received subscriptions amounting to more than three or four times” the target, billionaire owner Aliko Dangote said this week. A two-week extension on the subscription period to Oct. 27 is designed to accommodate efforts to add more African bourses to the process, he said.
丹格特将每股最低入场价设定为40美分，以吸引潜在的散户投资者。非洲各地的政策制定者认为此次首次公开发行表明，通过广泛参与可以深化资本市场，但创建各个股票交易所的出售工具的过程凸显了简化法规以促进大陆更多跨境投资的需求。
Dangote set a minimum entry price of 40 cents per share to attract potential retail investors. Policymakers around Africa see in the IPO a sign that capital markets can be deepened by broad-based participation, but the process of creating sale instruments in individual stock exchanges has highlighted a need to simplify regulations to allow more cross-border investment on the continent.
