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Dangote Refinery completes $2.5b private equity placement

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Dangote Refinery completes $2.5b private equity placement

24 Jul, 2026

 

Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has successfully completed a private equity placement that raised approximately $2.5 billion in new equity, following a highly successful offering. The transaction, which is believed to be Africa’s largest publicly disclosed primary equity private placement, marks a significant milestone in the history of the company and demonstrates strong investor confidence in the refinery’s long-term growth strategy and operational excellence........................….......READ MORE