Africa's richest man expands funding drive for refinery with $1 billion private debt sale plan

Dangote Refinery targets $1 Billion fundraising | Africanews

Dangote Refinery seeks $1 billion at $39 billion valuation with 2x investor oversubscription for Africa's largest refinery (650,000 barrels/day). Capital funds logistics, storage, and distribution expansion, advancing African supply-chain consolidation ahead of the planned 2026 public listing.