President William Ruto has announced that the groundbreaking ceremony for Africa's richest man, Aliko Dangote's, oil refinery in Kenya's Lamu County has been scheduled, signaling significant progress on the $2.2 trillion (Sh280 trillion) investment.

• The refinery is set to be East Africa’s largest refining project with a capacity of 700,000 barrels per day.
• Key players include President William Ruto, his deputy Chairman Kithure Kindiki, and Dangote Group.
• The project's financing will involve internal cash flow, bonds, and an initial public offering, with construction expected to take up to three years.