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Originally published by Capital News
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September 30, 2026
3h ago

Museveni backs Lamu refinery but holds off investment pending Tanga clarification

Museveni backs Lamu refinery but holds off investment pending Tanga clarification

NAIROBI, Kenya, Sep 30 — Ugandan President Yoweri Museveni has backed Kenya’s planned Lamu oil refinery but said Uganda will not invest in the project until he establishes what happened…..

✨ Key Highlights

Ugandan President Yoweri Museveni has expressed support for Kenya's planned Lamu oil refinery but stated Uganda will hold off on investing until clarity is provided on a prior regional refinery plan in Tanzania's Tanga port.

  • President Museveni aims to discuss the stalled Tanga refinery project with Tanzanian President Samia Suluhu Hassan and Kenyan President William Ruto.
  • Kenya's Lamu refinery project is backed by Nigerian billionaire Aliko Dangote and is estimated to cost Sh2.2 trillion ($16 billion).
  • President Museveni believes multiple refineries in the region are viable due to growing demand and emphasized Uganda's policy of adding value to crude oil rather than exporting it unprocessed.

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