Afreximbank Anchors $1.35 Billion in Landmark $4 Billion Deal to Bolster Dangote Refinery Operations
Afreximbank has emerged as the mandated lead arranger in a landmark US $4 billion syndicated refinancing for Dangote Industries Limited. In a deal signed on 4 August 2025, the Pan‑African bank committed US $1.35 billion—the largest single tranche—to help refinance the Dangote Petroleum and Petrochemicals Complex, the world’s largest single‑train refinery with a 650,000-barrels‑per‑day capacity. Since operations kicked off in