Mmastodon BusinessMarkets first seen 1 d ago, last 21 h ago, peak #8
Kenya to host $16 billion Dangote oil refinery
Original: ⚡ NEWS African leaders herald $16B Dangote oil refinery in Kenya Kenya is set to host a new $16 billion oil refinery led
African leaders are praising plans for a $16 billion oil refinery in Kenya led by Aliko Dangote, Africa's richest man. The facility is expected to process 700,000 barrels per day once completed in about 40 months, a scale that would make it a major addition to the continent's energy infrastructure and follows Dangote's landmark refinery in Nigeria.
Why now: The sheer scale of the investment and its potential to reshape East Africa's fuel supply are drawing attention across the continent.
Aliko DangoteKenyaDangote Group
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