DMT Collateral is a Ghanaian company
Ghanaian firm, DMT Collateral, has been named collateral manager for Dangote Refinery in Lagos, Nigeria, one of Africa’s largest industrial projects.
The appointment was made by a consortium of international lenders including Afreximbank, Africa Finance Corporation (AFC), Standard Bank South Africa, and Access Bank Plc Nigeria.
Paul Sannie Minlah, Managing Director of DMT, said the appointment reflects Africa’s growing capacity to deliver world-class collateral management services.
He noted that the company’s role in the Dangote Refinery project underscores its commitment to safeguarding investments and supporting industrial efficiency.
“With this prestigious appointment, DMT Collateral is not just managing collateral — it is managing Africa’s future. The company’s involvement in the Dangote Refinery project highlights its role in safeguarding investments, boosting industrial efficiency, and strengthening confidence in Africa’s ability to deliver world-class financial oversight,” he said.
This development marks a significant milestone for DMT, which was founded in Ghana in 2009 and has since grown into a Pan-African player in commodity and structured trade finance.
The company is known for its work in managing complex transactions and ensuring transparency and reliability in financial operations across the continent.
DMT previously handled major assignments, including a 2019 contract with Vitol and Tema Oil Refinery to manage the processing of 8 million barrels of crude oil.
In 2022, the Bank of Ghana selected DMT to verify and monitor oil imports under the government’s Gold-for-Oil Programme, aimed at stabilizing fuel supply and preserving foreign reserves.
DMT continues to expand its footprint on the continent while maintaining its status as a fully Ghanaian-owned and ISO-certified company.
Its involvement in the Dangote Refinery project is seen as further evidence of the growing role African institutions are playing in large-scale infrastructure and financial oversight.
SA/JE
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