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The Lagos

Africa’s retail-investing boom is running into an infrastructure problem

Africa’s retail-investing boom is running into an infrastructure problem
Photo: TechCabal · view original

A Zimbabwean investor looking to buy shares in Dangote Refinery’s $1.6 billion initial public offering (IPO) cannot simply open an app and tap “invest”. The offer is structured primarily for investors in Nigeria, leaving Zimbabweans without the same direct route available to domestic investors. B...

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