Abu Dhabi talks yield prisoner swap but no progress on territoryIran rejects uranium handover and threatens US bases in EuropeCongo's Ebola outbreak passes 11,000 cases as violence hampers responseMore tankers hit mines in Hormuz as Iran keeps strait shutRussia reports record drone attack on Leningrad region as strikes hit Ukraine's gridNvidia board hires law firm to probe CEO as Congress weighs subpoenaEuro hits 18-month low and yields jump as Fed weighs faster hikesSaudi air defences intercept more Houthi missiles as Yemen fighting widensGaza flood victims wait for tents as Israeli strikes continueSpain's first general strike in 14 years halts ports and car plants over housingAnthropic IPO reported oversubscribed as banks weigh higher valuationMilitants kill at least 10 police officers in northwest PakistanLeaders open COP31 summit in Antalya as Guterres attacks fossil fuel lobbyUS charges three Iran-backed men over attacks on Jewish targets and RAF Fairford plotTrump announces end of US military aid to Israel as Netanyahu's office says it will be phased outHoax bomb emails force evacuation of hundreds of schools in ItalySaudi output nears prewar level as Europe's gas supply stays strainedHead of Turkey's banking regulator resigns amid investment fund scandalEU Commission presents Digital Fairness Act with fines of up to 6% of global turnoverUS stock futures rise as CoreWeave results ease AI jittersIndonesian vice president reportedly resigns as lawmakers back impeachment petitionMerz threatens EU budget veto unless all states fund Ukraine; Prague and Bratislava push backRussia says it detained two Poles for spying as US soldier is arrested in BritainHouse Republicans block impeachment of HegsethRubio and Wang hold call to prepare Trump-Xi meetingRussia's ambassador to the US Alexander Darchiev dies suddenly at 66Bennett heckles Netanyahu as new Knesset convenesAI data centres plan 181 GW of on-site gas power as grid delays biteOver one million in Lebanon face acute food shortages, UN saysTens of thousands join Poland's nationalist march after Krakow attackKenya discharges last Ebola patient and starts 42-day countdownHelsing launches European rival to Palantir's battlefield softwareEl Salvador fires rockets at Haitian 400 Mawozo gang compoundRussia-led CSTO strips Armenia of voting rights over unpaid debtsAbu Dhabi talks yield prisoner swap but no progress on territoryIran rejects uranium handover and threatens US bases in EuropeCongo's Ebola outbreak passes 11,000 cases as violence hampers responseMore tankers hit mines in Hormuz as Iran keeps strait shutRussia reports record drone attack on Leningrad region as strikes hit Ukraine's gridNvidia board hires law firm to probe CEO as Congress weighs subpoenaEuro hits 18-month low and yields jump as Fed weighs faster hikesSaudi air defences intercept more Houthi missiles as Yemen fighting widensGaza flood victims wait for tents as Israeli strikes continueSpain's first general strike in 14 years halts ports and car plants over housingAnthropic IPO reported oversubscribed as banks weigh higher valuationMilitants kill at least 10 police officers in northwest PakistanLeaders open COP31 summit in Antalya as Guterres attacks fossil fuel lobbyUS charges three Iran-backed men over attacks on Jewish targets and RAF Fairford plotTrump announces end of US military aid to Israel as Netanyahu's office says it will be phased outHoax bomb emails force evacuation of hundreds of schools in ItalySaudi output nears prewar level as Europe's gas supply stays strainedHead of Turkey's banking regulator resigns amid investment fund scandalEU Commission presents Digital Fairness Act with fines of up to 6% of global turnoverUS stock futures rise as CoreWeave results ease AI jittersIndonesian vice president reportedly resigns as lawmakers back impeachment petitionMerz threatens EU budget veto unless all states fund Ukraine; Prague and Bratislava push backRussia says it detained two Poles for spying as US soldier is arrested in BritainHouse Republicans block impeachment of HegsethRubio and Wang hold call to prepare Trump-Xi meetingRussia's ambassador to the US Alexander Darchiev dies suddenly at 66Bennett heckles Netanyahu as new Knesset convenesAI data centres plan 181 GW of on-site gas power as grid delays biteOver one million in Lebanon face acute food shortages, UN saysTens of thousands join Poland's nationalist march after Krakow attackKenya discharges last Ebola patient and starts 42-day countdownHelsing launches European rival to Palantir's battlefield softwareEl Salvador fires rockets at Haitian 400 Mawozo gang compoundRussia-led CSTO strips Armenia of voting rights over unpaid debts
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Dangote Refinery Finance

Where things stand

The Africa Finance Corporation is leading a $2.5 billion private placement for the Dangote refinery in Nigeria, Premium Times reported on Thursday, in what the AFC casts as a continuation of its long-running financing relationship with the Dangote Group.

The Dangote refinery is a privately owned industrial plant of Nigeria's Dangote Group, funded through large capital raisings involving outside investors and lenders. Among them is the Africa Finance Corporation, a pan-African development financier that says it has a long-term partnership with the group. This topic follows the money behind the refinery and who provides it.

Timeline in detail

Friday, 14 August 2026Economy

Africa Finance Corporation leads $2.5bn Dangote refinery placement

The Africa Finance Corporation is leading an investment in a $2.5 billion private placement for the Dangote refinery in Nigeria, Premium Times reported on Thursday. The AFC described the deal as a continuation of its long-term partnership with the Dangote Group and of its commitment to financing industrial projects across Africa.