Afreximbank underwrites $2.5bn loan to strengthen Dangote Refinery

Hallmarknews | 01-04-2026 03:30am |

The African Export-Import Bank (Afreximbank) has underwritten $2.5 billion of a $4 billion senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals, in a move aimed at strengthening the refinery’s financial structure and supporting its long-term expansion. In a statement released on Tuesday, the bank said it acted as co-Mandated Lead Arranger alongside Access

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