Afreximbank leads $4bn loan deal to strengthen Dangote Refinery

Sunnewsonline | 01-04-2026 02:16pm |

By Adewale Sanyaolu African Export-Import Bank (Afreximbank) has underwritten $2.5 billion of a $4 billion senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals. The five-year facility, arranged with Access Bank as co-Mandated Lead Arrangers, will be used to refinance existing obligations, streamline the refinery’s capital structure and better align its funding profile with

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