Dangote Oil Refinery

Dangote Petroleum Refinery Project - Afreximbank Financing

Borrower(s)
Dangote Oil Refinery
Industry
Traditional energy/Oil - Downstream (Refining)
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
Nigeria

Project Overview

African Export-Import Bank signed a US$1.35 billion financing facility in favor of Dangote Industries Limited (DIL). This facility is part of a larger syndicated financing arrangement of approximately US$4 billion for DIL, Africa’s largest industrial conglomerate. It ranks among the largest...

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Deal Volume
$1.35bn
Financial Close
04/08/2025
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Tranches

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Project Deals

Dangote Petroleum Refinery Project
$23bn
Greenfield
Oil - Downstream (Refining)
Africa
Africa
Nigeria