Federal Government of Nigeria

Nigeria Alumina Refinery – AFC Equity investment

Industry
Mining/Ores & alloys
Area of finance
Development Bank Finance
Region
Africa
Africa
Countries
Nigeria

Project Overview

Nigeria signed a $1.3 billion investment pact with Africa Finance Corporation (AFC) to build an alumina refinery processing one million metric tonnes of bauxite per year, launch a nationwide mineral mapping programme and create an investment vehicle to fast-track mineral exploration in Nigeria.

Deal Volume
$1.3bn
Financial Close
01/03/2026
Dealmakers

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Tranches

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