StocksMedium•10 November 2026•
1 min read
Aliko Dangote Cancels Planned London Listing for Cement Group
Key Facts
1Aliko Dangote, Africa’s richest man, has decided to pull plans for a London listing of his cement giant.
Aliko Dangote has decided to pull plans for a London listing of his cement giant. The Financial Times reported that Africa’s richest man abandoned the long-standing proposal to list the business on the London Stock Exchange, which had been expected to take place in 2026.
The decision marks a shift in strategy for the Nigerian billionaire and Dangote Group, who had previously aimed to attract international capital through a UK listing this year. The move signals a change in direction for Africa's largest industrial group regarding its international financing goals.