
Aliko Dangote, Africa鈥檚 richest man, is exploring a London listing for a portion of his cement business. This move aims to secure deeper access to global capital, attract institutional investors, and enhance the international profile of Dangote Cement Plc, Africa鈥檚 largest cement producer. The company, which has an installed capacity of approximately 55 million tonnes per annum across over 10 African countries, seeks to accelerate its pan-African expansion strategy. A London listing could attract more institutional investors from Europe and North America, potentially improving valuation and broadening its investor base. This initiative aligns with the Dangote Group's broader efforts to expand its presence in global capital markets, following its recent entry into international debt financing. The company鈥檚 market capitalization is estimated between $10 billion and $11 billion. The planned listing is expected to improve access to long-term foreign capital and attract investors who manage significant global assets but have limited exposure to African industrial companies. Experts suggest it could also improve the company鈥檚 valuation multiples compared to relying solely on emerging market exchanges with lower liquidity. This strategy supports Dangote鈥檚 ambition to transform his businesses into globally recognized industrial assets, capitalizing on Africa's rising demand for infrastructure and construction materials driven by urbanization, housing deficits, and population growth.
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Must ReadTroops of Operation Hadin Kai rescued 47 individuals, primarily women and children, from an Islamic State West Africa Province ISWAP enclave in Kangarwa, Kukawa Local Government Area of Borno State on June 20. Acting Military Information Officer, Headquarters Joint Task Force North-East Operation Hadin Kai, Capt. Mohammed Goni, stated that the rescue followed sustained military offensives against terrorist hideouts in the Lake Chad region. He explained that intensified ground and air assaults forced insurgents to abandon their positions, allowing the captives to escape. The rescued persons are currently receiving medical attention and humanitarian support at a secure location, with plans for their reintegration. Goni emphasized the military's commitment to protecting civilians and weakening terrorist networks, vowing to continue operations to dismantle remaining cells and restore peace to the North-East. Borno State has been a focal point of insurgency for over a decade, with the military recently intensifying operations across the Lake Chad basin and Sambisa axis.

Erling Haaland scored two goals, leading Norway to a 3-2 victory over Senegal and securing their spot in the World Cup last 32. Substitute Marcus Holmgren Pedersen opened the scoring for Norway in the first half, with Haaland extending their lead after the break. Although Ismaila Sarr reduced the deficit for Senegal, Haaland capitalized on defensive errors to score again. Sarr scored a late consolation goal, but Norway held on for the win. Haaland now has four goals in two tournament games. Norway, with only one loss in their last 18 matches, will face France for the top spot in their group. Senegal must defeat Iraq in their final game to have a chance of avoiding an early exit. Norway's dominant performance, featuring Haaland's 59th and 60th international goals in 52 games, marked their first back-to-back World Cup wins. Key moments included Senegal goalkeeper Edouard Mendy making several saves, but a mistake from captain Kalidou Koulibaly led to Pedersen's goal. Haaland scored his first goal after a counter-attack, set up by Martin Odegaard. Sarr responded for Senegal, but Koulibaly's failure to clear allowed Haaland to score his second. Despite a late goal from Sarr, Norway secured their progression, joining France in the knockout rounds.

Nigerians residing in the United Kingdom have lauded the Federal Government's recent passport reforms, particularly the contactless renewal system, for significantly reducing delays and streamlining the passport delivery process. Introduced in November 2024, the new system enables eligible individuals to renew expired or exhausted passports from home, eliminating the need for physical visits to the Nigerian High Commission. Testimonies from various Nigerian community members across the UK, as reported by the Ministry of Interior, highlight a stark contrast to previous experiences marked by frustrating delays, extensive travel, and bureaucratic hurdles. Timileyin Gbenga, a Nigerian community figure in Birmingham, noted that while the traditional process took over six months and required travel for biometrics, the contactless method for a family member resulted in passport delivery in less than two weeks. He credited the transformation to the leadership of Minister of Interior Olubunmi Tunji-Ojo under President Bola Tinubu's administration. Gbenga Ogunderu, based in Coventry, described the initiative as a significant digital shift, allowing applications and doorstep delivery without stress, often within two weeks. Dr. Adekunle Shonola, a senior lecturer at Coventry University and president of Nigerians in Coventry, recalled the previous necessity of traveling from Coventry to London for biometrics, a process that often took over six months. He observed that community members no