Africa Finance Corp. and Africa Export-Import Bank were among investors in Dangote Petroleum Refinery & Petrochemicals FZE’s $2.5 billion private share placement as the Nigerian company prepares for what would be Africa’s biggest initial public offering, according to Bloomberg.
The fundraising adds support for billionaire Aliko Dangote’s refinery and petrochemicals business ahead of the planned listing.
Africa Finance Corp., Afreximbank Back Dangote Refinery’s $2.5 Billion Placement
2026-07-23 15:57:57
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