Dangote Refinery US$4 billion syndicated term loan facility

Dangote Petroleum Refinery and Petrochemicals FZE secured a US$4 billion syndicated term loan facility led by Afreximbank and Access Bank

Energy

Project Finance, Loans

$4B

Nigeria

2026

Dangote Petroleum Refinery and Petrochemicals FZE secured a US$4 billion syndicated term loan facility led by Afreximbank and Access Bank.

The financing will refinance existing obligations, optimise the refinery’s capital structure, and support long-term operational growth. The facility is one of the largest syndicated financings in Africa's energy sector.

Advisory Team: Olaniwun Ajayi LP Banwo & Ighodalo