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Dangote to raise $5bn for refinery expansion – Afreximbank CEO

October 26, 2025 at 05:38 PM

The new President and Chairman of the Board of Directors of the African Export-Import Bank, George Elombi, on Saturday disclosed that Africa’s richest man, Aliko Dangote, is seeking an additional $5bn to expand his refinery in Lagos. Speaking during his inaugural address at Afreximbank’s investiture ceremony in Cairo, Elombi said Dangote...

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