Business
Africa Finance Corporation (AFC) led a group of strategic investors in a landmark $2.5 billion private placement by Dangote Petroleum Refinery (DPRP), the first equity capital raise involving new investors beyond its legacy ownership. The…
Impact: Led the $2.5 billion private placement, deepening its partnership with Dangote Group and demonstrating its catalytic capital model. The investment follows the full repayment of its $300 million loan, and AFC also announced a $600 million facility for GreenView Fertilizer Corporation, expanding its exposure to Dangote's industrial projects.
Aug 13, 2026 · 7 articles