Energy · Nigeria

What approximate value did Africa Finance Corporation give the Dangote refinery and petrochemical complex in 2026?

The Dangote integrated complex in Lekki, Nigeria, combines a 650,000-barrel-per-day oil refinery with a polypropylene plant. Africa Finance Corporation described the complete refinery and petrochemical asset as worth approximately US$20 billion in 2026. That is an approximate complex-wide value, not the US$2.5 billion private share placement announced in the same release, nor the cost of a future expansion.