Access Bank Botswana Eyes US$500M of Dangote
Rio Times
Last updated: October 28, 2026
Access Bank Botswana is facilitating a significant share sale for the Dangote refinery, aiming to raise US$500 million across the region. This initiative is concurrent with Nigeria's closing date for its own offer on October 27.
- Access Bank Botswana is serving as a conduit for investors interested in acquiring shares in the Dangote refinery.
- The bank's target is to secure US$500 million in regional investment through this share issuance.
- This fundraising effort is closely timed with the deadline for Nigeria's own share offering related to the refinery.
- The Dangote refinery is a major industrial project in Nigeria.
- The share sale represents an opportunity for regional investors to participate in the refinery's ownership.
- Access Bank Botswana's role highlights its involvement in facilitating large-scale corporate finance transactions within the region.
- The US$500 million target signifies the substantial capital being sought for the Dangote refinery.
- The specific details of the share structure and terms are not provided.
- Further information regarding the types of receipts being issued is not elaborated.
