Dangote Petroleum Refinery & Access Bank Group
3 shared events · Importance 3 · Last updated Apr 10, 2026
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Business
Dangote Petroleum Refinery: Raised $2.5 billion in its first equity private placement, oversubscribed 3.7 times, to fund expansion and strengthen its capital structure. The capital supports plans to more than double refinery capacity to 1.4 million barrels per day by 2028, enhancing its role in African energy security.
Access Bank Group: Partnered with AFC in 2024 to provide the refinery's first working-capital facility, supporting crude purchases during commissioning and start of production.
Aug 13, 2026 · 7 articles
Business
Access Bank Group: Access Bank Group was appointed as a co-mandated lead arranger for the $4 billion senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals FZE.
Apr 08, 2026 · 7 articles
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