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Afrexim, AFC Invest in Dangote Refinery's $2.5 Billion Placement
Africa Finance Corporation (AFC) and Africa Export-Import Bank (Afrexim) have led a $2.5 billion private share placement for Dangote Petroleum Refinery & Petrochemicals, one of Africa's largest refineries. This investment represents a significant step forward as the Nigerian company prepares for what is expected to be the continent's biggest initial public offering.
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