Africa Finance Corporation takes equity in Aliko Dangote's refinery after recovering its $300 million loan
Billionaires Africa | 15.08.2026 01:59
Africa Finance Corporation is no longer just a lender to Aliko Dangote. The Lagos-based infrastructure financier has taken an equity stake in Dangote Petroleum Refinery, joining the company's $2.5 billion private placement only months after collecting full repayment of a $300 million loan it used to help build the complex in the first place.