It is turning out to be a good year so far for Bob van Dijk, the Dutchman running the show at Africa’s most valuable company, Naspers.

He probably opened a bottle of champagne last week, when Prosus, Naspers’s international e-commerce business, made a sparkling stock market debut in Amsterdam. In the process it went a long way to solving his biggest headache: a hefty valuation gap to Naspers’s component parts...

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