The African Finance Corporation (AFC) has committed $2.5 billion to a share placement for the Dangote Refinery.
The Africa Finance Corporation (AFC) has significantly bolstered its commitment to the burgeoning Nigerian energy sector through a substantial investment in the Dangote Petroleum Refinery. This strategic capital infusion, amounting to $2.5 billion, has been channeled via a private share placement, marking a pivotal moment in the financial backing of this monumental industrial complex. This…