DMT Collateral Management Company Limited has been appointed as the Collateral Manager for the Dangote Refinery in Lagos, Nigeria.
The appointment was made by Afreximbank, Africa Finance Corporation (AFC), Standard Bank South Africa and Access Bank Plc, Nigeria.
The decision highlights growing confidence in African expertise to manage large-scale, high-value industrial and financial operations.
Regional influence
Established in Ghana in 2009, DMT Collateral has built a strong reputation for transparency and reliability in commodity and structured trade finance.
Its selection to oversee collateral management for Africa’s largest refinery signals the company’s expansion into a broader Pan-African role.
The Dangote Refinery, which is expected to transform Africa’s energy landscape, now joins DMT’s growing list of major assignments across the continent.
The company’s role will focus on monitoring, verifying and safeguarding collateral linked to the refinery’s financing arrangements.
This ensures that investor interests and operational standards are protected throughout the project’s lifecycle.
The appointment reinforces DMT’s position as a trusted partner for international financiers and African energy players alike.
Major assignments
DMT Collateral’s credibility has been built on a record of successful engagements.
In 2019, the company was contracted by Vitol and the Tema Oil Refinery to manage the processing of eight million barrels of crude oil into refined products.
The project underscored DMT’s capacity to handle complex logistics and financial oversight in the petroleum sector.
In 2022, the Bank of Ghana appointed DMT to verify and monitor oil imports under the Government’s Gold for Oil Programme.
The initiative aimed to stabilise fuel supply and conserve foreign reserves, a national policy that relied on DMT’s proven integrity and technical expertise.
These partnerships have placed the company among the few fully Ghanaian-owned firms recognised for their ability to meet international compliance and performance standards.
Profile
An ISO-certified institution, DMT Collateral now operates offices in Accra and Johannesburg, reflecting its growth beyond Ghana’s borders.
The Managing Director of DMT, Paul Sannie Minlah, revealed that its involvement in the Dangote Refinery project demonstrates how African firms are taking leading roles in industries once dominated by foreign entities.
“DMT is becoming a truly Pan-African company, one that reflects Africa’s growing capability in delivering world-class collateral management solutions,” he said.
The company’s leadership believes this latest engagement represents more than a business milestone. It symbolises Africa’s increasing capacity to design, manage and sustain complex financial and industrial systems.
With the Dangote Refinery appointment, DMT Collateral reinforces its standing as a trusted name in Africa’s trade finance ecosystem, one built on professionalism, accountability, and home-grown expertise.