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Originally published by Nation Newstop
September 28, 2026
14h ago
Sh2 trillion oil refinery a massive investment
It will transform the petroleum sector by ensuring fuel supply reliability and security...
✨ Key Highlights
Kenya is set to launch the Sh2 trillion Dangote Group oil refinery, a significant foreign direct investment poised to transform the energy sector and boost economic growth across East and Central Africa.
- The refinery, expected to produce 700,000 barrels of oil daily, represents the largest industrial investment in the region.
- Key players include Nigerian billionaire Aliko Dangote and President William Ruto, who will officiate the launch.
- Strategically located near Lamu Port, the facility aims to reduce dependence on Middle East fuel imports, create 60,000 jobs, and support spin-off industries like fertilisers and chemicals.
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