Nigeria: Afreximbank Underwrites $2.5bn Loan for Dangote Refinery

Nigeria: Afreximbank Underwrites $2.5bn Loan for Dangote Refinery

African Export-Import Bank (Afreximbank) says it has underwritten $2.5billion out of a $4billion senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals FZE (DPRP).

Afreximbank Underwrites US$2.5-billion in a US$4-Billion Syndicated Term Loan for Dangote Petroleum Refinery and Petrochemicals Free Zone Enterprise (FZE)

The transaction marks a major milestone for DPRP, Africa’s largest refinery and petrochemical complex with a capacity of 650,000 barrels per day CAIRO, Egypt, March 31, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is pleased to announce that it has underwritten US$2.5 billion in the US$4-billion senior syndicated term loan in favour of Dangote Petroleum Refinery and Petrochemicals FZE (DPRP).   Afreximbank an…

Dangote Refinery IPO Gains Momentum as Afreximbank Leads $4bn Financing, African Bourses Align

Led by Umaru Kwairanga, Chairman of the Nigerian Exchange Group, a delegation of African capital market leaders recently toured the facility in what is increasingly seen as a pre-IPO strategic alignment exercise.

Afreximbank underwrites $2.5bn in $4bn syndicated loan for Dangote Refinery

The African Export-Import Bank (Afreximbank) has underwritten $2.5 billion of a $4 billion syndicated term loan for Dangote Petroleum Refinery and Petrochemicals FZE (DPRP), marking one of the largest financing commitments in Africa’s industrial sector. The five-year facility, arranged jointly by Afreximbank and Access Bank, is designed to consolidate existing financing, optimise the refinery’s capital structure, and align its operational trajec…

Afreximbank leads $2.5bn syndicated loan for Dangote refinery

Afreximbank has underwritten $2.5bn in a $4bn syndicated term loan in support of DPRP integrated refinery and petrochemical complex in Nigeria.