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Dangote Plans to Issue Global Depositary Receipts in Egypt, Boosting IPO Expansion into African Markets
Africa's richest man, Aliko Dangote, is pushing for the expansion of African capital markets and plans to issue Global Depository Receipts (GDRs) in Egypt to broaden market access for his IPO in Africa.
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AI infrastructure companies Corweave fell 14.9% and Nebius fell 9.7%, making them the biggest decliners in the Nasdaq 100 index.
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