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September 26, 2026
1h ago

Billionaire Dangote Eyes Kenya Market for Electricity Sales

Billionaire Dangote Eyes Kenya Market for Electricity Sales

The power deal is expected to increase Kenya’s electricity supply, support businesses and help ease pressure on the country’s national power system...

✨ Key Highlights

Nigerian billionaire Aliko Dangote plans to generate 1,000 megawatts of electricity at his planned refinery in Lamu, Kenya, with a portion to be sold to the Kenyan government.

  • 500 megawatts of electricity could be supplied to the Kenyan government.
  • The project involves Aliko Dangote and is supported by President William Ruto.
  • The refinery investment is seen as an "entry point" for further business and investments in Kenya, with potential to refine 700,000 barrels of crude oil daily.

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