Dangote Refinery raises $2.5 billion in Africa’s largest private equity placement

Dangote Refinery raises $2.5 billion in Africa’s largest private equity placement

Dangote Refinery

Dangote Petroleum Refinery has raised about $2.5 billion through a private equity placement that was oversubscribed by 3.7 times, with the proceeds to fund expansion and strengthen its capital structure.

The post Dangote Refinery raises $2.5 billion in Africa’s largest private equity placement appeared first on Premium Times Nigeria.

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