Dangote Refinery raises landmark $2.5bn in equities placement

6 hours ago

Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has completed a private equity placement, raising about $2.5bn in fresh capital. The company disclosed this in a statement on Thursday, saying the transaction is Africa’s largest publicly disclosed primary equity private placement. fundraising marked a significant milestone in its history and reflected strong investor confidence in its […]

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