Global Trade Alert
Global Trade Alert

Nigeria: Afreximbank provides USD 1.4 billion financing for Dangote Petroleum Refinery and Petrochemicals Complex

Announcement

04 Aug 2025

In August 2025, the African Export-Import Bank (Afreximbank) signed a USD 1.4 billion financing facility for Dangote Industries Limited to refinance the construction of the Dangote Petroleum Refinery and Petrochemicals Complex. This facility is part of a larger USD 4 billion syndicated financing arrangement.

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 Aug 2025

Revocation date:

No revocation date

Updated: 04 Aug 2025
State loan In force
On 4 August 2025, the African Export-Import Bank (Afreximbank) signed a USD 1.4 billion loan facility with Dangote Industries Limited (DIL) in Nigeria. Afreximbank acted as the Mandated Lead Arranger ...
Sign in to see more

Threads

See all

This state act is not part of any Thread yet.