Dangote Confirms Final Kenyan Location for Ksh2.59 Trillion Refinery, Announces Timelines
Already ground works preparations as well as oil testing works and engineering works have begun on the new site location which is set to be Kenya's largest private investment...
✨ Key Highlights
Africa's richest man, Aliko Dangote, has officially confirmed Lamu, Kenya, as the site for his planned Ksh2.59 trillion ($20 billion) East African oil refinery, ending speculation about its location.
- The massive 700,000-barrel-per-day refinery will be East Africa's largest petroleum processing facility.
- Dangote Industries selected Kenya after considering commercial, technical, and logistical factors.
- Construction is expected to take 30 months to three years, with soil testing and design work already underway.
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Dangote Confirms Lamu as Location for Ksh2.59 Trillion Oil Refinery - July 2026
Africa's richest man Aliko Dangote has officially confirmed Lamu, Kenya as the site for his planned Ksh2.59 trillion ($20 billion) East African oil refinery, ending speculation about its location. President William Ruto appointed Deputy President Kithure Kindiki to chair a government committee overseeing the implementation of the Ksh2.2 trillion East African oil refinery project in Lamu. The National Treasury plans to amend the Public-Private Partnerships Act, proposing to remove the 30-year limit on PPP contracts and alter the approval and oversight processes. Meanwhile, President Ruto signed the Sovereign Wealth Fund Act, 2026 into law, establishing Kenya's first national savings fund to manage oil and mineral wealth for future generations.
