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Dangote to begin construction of $16 billion East Africa refinery in Kenya
The project is set to refine 700,000 barrels a day and is expected to reduce fuel imports across East Africa, officials said.
- On Wednesday, five African heads of state led a groundbreaking ceremony for the $16 billion East Africa Oil Refinery in Lamu, Kenya, marking the formal start of the energy development project.
- Nigerian billionaire Aliko Dangote, whose firm Dangote Industries backs the project, stated the refinery will process 700,000 barrels of oil per day to boost Africa's self-sufficiency in finished products.
- Interior Cabinet Secretary Kipchumba Murkomen joined regional leaders for the launch, while construction equipment has already arrived through the Port of Lamu for the 40-month project.
- Deputy President Kithure Kindiki previously noted the refinery could create about 50,000 jobs while positioning Lamu as a petrochemical hub and reducing the region's reliance on imported petroleum products.
- The project faces a legal challenge from Salim Tima Swale and 132 others, who are contesting activities on land they claim to occupy, as the Land Court has ordered a status quo.
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It began on Wednesday (30) the construction of an oil refinery of US$ 16 billion in Kenya, a project designed to offset fuel costs in eastern Africa and to save resources used by the countries of the region in the import of derivatives. The Nigerian billionaire Aliko Dangote and Kenyan President William Ruto threw the fundamental stone into the construction site, where the entrepreneur plans to replicate the processing capacity of 700,000 barrel…
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Coverage Details
Total News Sources64
Leaning Left12Leaning Right7Center10Last UpdatedBias Distribution41% Left
Bias Distribution
- 41% of the sources lean Left
41% Left
L 41%
C 35%
R 24%
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