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Originally published by The Standard Business
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September 15, 2026
3h ago

Lamu refinery set for September 30 groundbreaking as Dangote IPO opens in Lagos

Lamu refinery set for September 30 groundbreaking as Dangote IPO opens in Lagos

Nigerian backer and Africa's richest man Aliko Dangote confirmed that ground-breaking could start as soon as this month, even as Kenya advances its own separate plans...

✨ Key Highlights

The groundbreaking for Aliko Dangote's $15 billion oil refinery in Lamu, Kenya, is scheduled for September 30, according to Dangote Industries. This ambitious project aligns with President William Ruto's broader strategy for Kenya's energy sector.

  • The refinery, a project by Dangote Industries, is valued at Sh1.95 trillion ($15 billion).
  • Key figures include President William Ruto and Africa's richest man, Aliko Dangote.
  • Construction is anticipated to take approximately three years, with groundbreaking set for September 30.

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