The African Export-Import Bank (Afreximbank) announced on March 31, 2026, in Cairo, its participation of US$2.5 billion in a US$4 billion senior syndicated term loan facility for Dangote Petroleum Refinery and Petrochemicals FZE (DPRP).

The pan-African financial institution is taking a new step in its commitment to the continent's industrialization. The structuring financing, co-arranged by Afreximbank and Access Bank, is part of a five-year credit facility. It aims to consolidate the refinery's existing financing, optimize its capital structure, and support its evolution towards full operational maturity, in line with its long-term growth ambitions.

This new capital injection is expected to significantly strengthen the company's financial soundness while improving its budgetary flexibility. It will also reinforce its strategic role as a major supplier of refined petroleum products for Africa and international markets.

Beyond its financial impact, this transaction demonstrates the confidence of African and international investors in the transformative potential of the Dangote refinery.