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Afreximbank leads $2.5bn backing for Dangote Refinery in landmark $4bn deal

Afreximbank leads $2.5bn backing for Dangote Refinery in landmark $4bn deal

The African Export-Import Bank (Afreximbank) has underwritten $2.5 billion in a $4 billion senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals FZE (DPRP). In a statement issued on Tuesday, the bank said the move is aimed at strengthening the refinery’s financial position an...

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