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Originally published by Kenyanstop
August 12, 2026
1h ago
Dangote Issues Demand to Kenya Over Planned Ksh2.2 Trillion Lamu Refinery

Dangote is preparing to build a massive refinery in Lamu, but he says the project will need more than billions of dollars to succeed in Kenya’s competitive fuel market...
✨ Key Highlights
Africa's richest man, Aliko Dangote, is seeking government protection for his planned Ksh2.2 trillion oil refinery in Lamu, Kenya, against competition from cheap imported fuel.
- Dangote plans to invest $16 billion in the refinery, with 70% financed by debt.
- Key parties involved include Aliko Dangote, Dangote Group, and the Kenyan government, with President William Ruto expressing intent for the National Infrastructure Fund to take a stake.
- The refinery is expected to process 650,000 to 700,000 barrels of crude oil daily and construction could begin by October.
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