K_.i._.m_7

BBIT (Business Intelligence) | Investor |
Turning market data into decision points.

[Mwango Capital @MwangoCapital]

There is a proposed solution that would allow Kenyans to participate in the Dangote Refinery IPO through Global Depositary Receipts (GDRs) listed on the Nairobi Securities Exchange.

— Renaissance Capital Kenya and Nigeria are leading the proposed offering, working with Stanbic as custodian, Image Registrars, GNA Advocates and Newmark.
— The structure aims to accommodate both retail and institutional investors, who would apply through participating Kenyan brokers and investment banks.
— The vehicle would pool applications from Kenyan investors and, through Renaissance Capital Nigeria, apply for IPO shares as a single aggregate applicant, before issuing GDRs to investors against the shares allotted.
— Investors would hold GDRs proportionately backed by Nigerian ordinary shares and trade them on the NSE in Kenyan shillings through their usual brokers and standard brokerage commissions.
— The structure is designed to pass through dividends, bonus shares and rights-issue entitlements to Kenyan investors, subject to the programme’s terms.
— GDR prices would reflect the underlying Nigerian shares while also responding to supply and demand in the Kenyan market.
— The proposed programme is unsponsored, meaning Dangote Refinery would not be a party to the GDR programme or have an agreement with the depositary bank.
— The presentation targets an offer period of 5–13 October 2026, although opening will depend on final CMA and NSE approvals.
— Allotment is expected around 11 November, followed by an announcement on 12 November and refunds for surplus funds and rejected applications on 18 November.
— Settlement is planned for 12 November–2 December, with the slide targeting a Nigerian listing on 2 December and NSE trading on 8 December, while the speakers indicated a Kenyan listing window of 2–8 December.
— Final CMA and NSE approvals remain pending, and the proposed timetable is subject to change.

[Business Daily @BD_Africa]

Dangote offers Kenyans shares for Sh49 via NSE

Kenyan investors will be able to buy and sell the receipts through licensed local brokers.

More on: https://t.co/YoRK3HrK6x

[K_.i._.m_7 @kimuruae7]

Educational content only. This is not financial advice or a recommendation to buy or sell securities. The proposed Kenyan GDR route remains subject to the relevant regulatory approvals and final offer terms.

[K_.i._.m_7 @kimuruae7]

The GDR would then be listed and traded in the NSE in Kenyan Shillings through a Kenyan stockbroker; hence, there is no need for a Nigerian stockbroker.
#dangoterefinery #wealthmanager

[K_.i._.m_7 @kimuruae7]

The Kenyan numbers:
Proposed IPO price = KES 49/share
Minimum: 10 shares ≈ KES 490
Trades and settlements in Kenyan shillings, via CDSC accounts. Dividends and rights pass through to GDR holders

[K_.i._.m_7 @kimuruae7]

Africa's biggest IPO ever is here, and yes, Kenyans can actually take part in it. How? - through a GDR (Global Depositary Receipt), a tradable security that represents shares held in another market. The actual shares stay in custody in Nigeria.
#DangoteIPO #nse

[K_.i._.m_7 @kimuruae7]

RT @NSE_PLC: QUICK MART PLC (“QUICKMART”) ANNOUNCES ITS INTENTION TO LIST ITS SHARES ON THE MAIN INVESTMENT MARKET SEGMENT OF THE NAIROBI
S…

[Goldman Sachs @GoldmanSachs]

Persistent fiscal deficits, AI-driven investment, and recent energy shocks are contributing to a surge in global bond yields—but will it continue? George Cole, head of European Rates Strategy in Goldman Sachs Research, shares his outlook on Exchanges: https://t.co/k3gtQKyNe2

[Gichuki Kahome @kahome_steve]

Instead of using that 500K to buy another plot of land that will not generate any cash flows for you, why not explore other options?

500K in an infrastructure bond with a 13% yield will give you 65K per annum

500K in a special fund like Mansa X will earn you 88K in interest per annum (Mansa X has averaged 17.6% p.a over the last 5 yrs)

500K in a SACCO like Stima Sacco will earn you 60K in dividends from share capital or 47K from rebates on Savings.

500K in a dividend king like BAT will earn you 60K in dividend income per annum.

Haya, endelea kujaza portfolio na tushamba in the middle of nowhere

[Gichuki Kahome @kahome_steve]

NSE had a 🔥🔥today

1. Equity Group hit a new 52 week high of KES 104

2. KCB Group hit a new 52 week high of KES 100

3. Kenya Re hit a new 52 week high of KES 4.65

4. KPLC hit a new 52 week high of KES 24.95

5. Total hit a new 52 week high of KES 49.50

6. NSE Plc hit a new 52 week high of KES 29.50

7. CGEN reclaimed KES 300

[Forbes @Forbes]

Who are the top 10 richest people in the world? Below is Forbes' ranking as of September 1, 2026 at 12 a.m. Eastern time. They’re worth $2.8 trillion combined, up from $2.6 trillion last month. https://t.co/5ggaXZEQUw

📸: Getty Images, from top: Johannes Neudecker/picture alliance; Kimberly White; Eugene Gologursky; Christopher Polk; Saul Loeb/AFP; Dimitrios Kambouris; Sean M. Haffey; Artur Widak/NurPhoto; Michael Buckner; fotopress

[Gichuki Kahome @kahome_steve]

The most undervalued banking sector stock is not DTB

Its Equity Group!

And by quite a margin!

Want to access full banking sector analysis? Join us below👇

[Strathmore University @StrathU]

📸 📸

[Goldman Sachs @GoldmanSachs]

The Goldman Sachs team reflects on leading the largest IPO in history: @SpaceX.

Explore our insights on the growing commercial space industry: https://t.co/iIz5tgizLP

[K_.i._.m_7 @kimuruae7]

@NaekuMercy Brilliant

[Kenyan Wall Street @kenyanwalstreet]

Dangote Refinery is seeking to raise about US$ 5Billion (KSh 647.5Billion) through an IPO expected to conclude in October, Reuters reported, citing sources familiar with the transaction.

Kenya’s capital markets could mobilise up to US$ 500Million (KSh 64.75Billion) from local investors, including pension funds.

The refinery was valued at about US$ 40Billion (KSh 5.18Trillion) in a recent private placement.

[K_.i._.m_7 @kimuruae7]

Rumours are carried by haters, spread by fools and accepted by idiots
#stayguided #stayalert

[K_.i._.m_7 @kimuruae7]

@TheAbojani More info on this ...