Afreximbank underwrites $2.5 billion of a $4 billion loan for Aliko Dangote's refinery

Billionaires Africa | 31.03.2026 23:11
Afreximbank has underwritten $2.5 billion of a $4 billion syndicated term loan extended to Dangote Petroleum Refinery and Petrochemicals, taking the single largest share in a financing package that consolidates existing debt, optimises the refinery's capital structure and sets up Africa's biggest refinery complex for its next phase of growth.