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Dangote recommits to Nigeria’s full industrialisation

Pan-African conglomerate, Dangote Industries Limited (DIL) has reaffirmed its unwavering commitment to driving the industrialisation of Nigeria and the African continent at large. The DIL also pledged to persist in its transformative efforts and maintain a leadership role in advancing sustainable economic growth across the region. This position was made known by the Group Executive…

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Dangote, Afreximbank ink $1.35b refinery refinance deal

African Export-Import Bank (Afreximbank) has signed a $1.35 billion financing facility in favour of Dangote Industries Limited (DIL). The facility is part of a larger approximately $4 billion syndicated financing arrangement for DIL, Africa’s largest industrial conglomerate. Afreximbank acted as the Mandated Lead Arranger, for the syndication.  This financing, described as one of the largest…

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