Dangote Starts 16B Kenyan Refinery
Aliko Dangote and Kenyan President William Ruto have broken ground on a 16 billion dollar oil refinery in Lamu. The project aims to lower East African fuel costs and is scheduled for completion in 2030.
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Billionaire Aliko Dangote and Kenya President William Ruto broke ground on Wednesday on a $16 billion East African oil refinery. The project aims to lower regional fuel costs and preserve hard currency used for refined imports. It follows Nigeria's model of boosting domestic refining capacity to serve continental demand.
