OandO lists on JSE: "The first African company to list on the Johanesburg Stock Exchange OandO is a trailblazing southern multinational in many regards. The'...first Nigerian company to set up a secondary listing elsewhere...OandO has 500 fuel stations, mostly in Nigeria, where it has 15% market share — the largest — but also in neighbouring Ghana and Togo.It also has a 100km gas pipeline that distributes gas to industrial customers in the Lagos area and is active in a range of energy activities besides, from trading to supplying equipment to the energy industry.Oando has big plans. Its R3-billion market value belies the fact it it could well be raising $1-billion in the next three years as it takes up opportunities that political and economic reform in Nigeria have brought. These are principally privatisation and deregulation opportunities.Oando is bidding with Shell to own one of four state-owned refineries that are being privatised...',Mail & Guardian."

(Via Timbuktu Chronicles.)