Reuters·1 min read·easy

Dangote to begin construction of $16 billion East Africa refinery in Kenya

Dangote to begin construction of $16 billion East Africa refinery in Kenya
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Nigerian billionaire Aliko Dangote and Kenyan President William Ruto are initiating the construction of a $16 billion oil refinery in Lamu, Kenya. The project aims to address the increasing demand for petroleum products across East Africa.

Why it matters

This massive infrastructure investment represents a significant shift in regional energy self-sufficiency and economic cooperation within East Africa.

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LAMU, Kenya, Sept 30 (Reuters) - Nigerian billionaire Aliko Dangote and Kenyan President William Ruto will break ground on ‌Wednesday…

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