Africa’s richest man, Aliko Dangote, has finally launched the much anticipated IPO of part of his refinery business, and it's generated so much hype that many investment apps were overwhelmed by demand. The company hopes to raise as much as $2 billion from retail investors and with a minimum investment of just $4, the firm hopes ordinary Africans will buy shares.

On today’s special episode, Deputy Managing Editor for Africa Neil Munshi joins Jennifer Zabasajja. They hear from Bloomberg's Lagos based reporter Yinka Ibukun about the mood among Nigerians, and then speak to analyst Feyi Fawehinmi about why he’s not convinced by the hype.

Follow all our coverage of the Dangote IPO across Bloomberg platforms, and you can subscribe to the Next Africa Newsletter for more.

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We wanted to bring you one of our favourite episodes from the last 12 months this week.

In Ethiopia, the share of electric vehicles on the road has jumped to 6% from just 1% after a 2024 ban on new gasoline-car imports.

Across Africa, EV adoption is now among the fastest-growing globally — with Chinese automakers capturing the lion’s share of the market.

On today’s episode, Bloomberg’s Fasika Tadesse joins Jennifer Zabasajja to unpack what this surge looks like on the ground in Addis Ababa, while Asia transport reporter Linda Lew explains why companies like BYD are targeting African markets.

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A sovereign-rating upgrade and a stabilizing currency are helping restore Kenya’s appeal investors. Two years after deadly protests rattled sentiment, the markets have staged a recovery. Kenya’s all-share index has more than tripled in dollar terms since the start of 2024 making it the world's third-best performer.

On this week’s special Next Africa podcast, Tiwa Adebayo is joined by Kenyan investment experts Joel Korir, head of Business Development Retail and Private Wealth at Old Mutual Investment Group in Nairobi and Winnie Koech, head of wealth and investment at Stanbic Bank Kenya. They discuss what's driving Kenya’s markets, where investors see the biggest opportunities, the sectors to watch and risks that could derail the rally.

For more information on investing in Kenya, read our special feature on Where to Invest 10 Million Kenyan Shillings. For more stories from the region, subscribe to the Next Africa newsletter

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