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Macro Finance

Dangote Refinery Cuts Debt to $5.7 Billion Ahead of Record IPO

Bloomberg Markets·September 9, 2026·1 min read

Africa's biggest oil refinery, Dangote Refinery, cut its debt by $570 million to $5.7 billion, according to reports. This comes ahead of what will be the continent's biggest share offering, which could expand by up to 30% depending on demand.

Read at Bloomberg Markets
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