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

Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) signed a US$4,000,000,000 senior syndicated term loan to consolidate existing financing and optimise its capital structure for the 650,000-bpd Dangote refinery and petrochemical complex in Nigeria. Afreximbank has underwritten $2.5 billion in...

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Deal Volume
$2.5bn
Financial Close
31/03/2026
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Tranches

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Project Deals

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