Dangote to begin construction of $16 billion East Africa refinery in Kenya
The plant is expected to process 700,000 barrels a day and create more than 50,000 jobs, officials said.
- Aliko Dangote formally began construction of a $16 billion refinery in Lamu, Kenya, designed to process 700,000 barrels of crude oil daily and serve regional markets.
- Kenyan President William Ruto and regional leaders attended the groundbreaking, describing the project as a step toward industrialization, energy security, and economic integration.
- The refinery faces a land-rights case brought by 133 local residents, while environmental groups have raised concerns; a court allowed the ceremony but ordered the existing land situation to remain unchanged until October.
- The project will include a 1,000-megawatt power plant and compete with planned refinery and energy projects in Tanzania and Uganda.
106 Articles
106 Articles
Dangote, Ruto to launch $16 billion Kenya refinery amid land protests
Nigerian billionaire Aliko Dangote and Kenyan President William Ruto are set to launch a $16 billion oil refinery in Lamu, Kenya, amid protests and legal challenges over land acquisition, compensation, and environmental concerns.
It began on Wednesday (30) the construction of an oil refinery of US$ 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…
Planned refinery to supply gasoline, diesel and jet fuel to Kenya and neighboring countries, aiming to reduce reliance on imported refined fuel
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