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Originally published by KBC Top Stories
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October 1, 2026
2h ago

Ruto: Lamu refinery project to attract Ksh908B foreign direct investment

Ruto: Lamu refinery project to attract Ksh908B foreign direct investment

Kenya has agreed with Aliko Dangote to invest in a pipeline linking Lamu to Turkana, enabling the country to transport its crude oil to Lamu, President William Ruto has said...

✨ Key Highlights

President William Ruto announced that the Lamu refinery project is expected to attract between $6 billion and $7 billion (Ksh778B - Ksh908B) in foreign direct investment (FDI) next year. This investment is linked to a new pipeline project to transport crude oil from Turkana to Lamu.

  • The project anticipates attracting Ksh908B in foreign direct investment.
  • Key partners include President William Ruto and Aliko Dangote.
  • The government has secured 9,000 acres in Lamu for the facility, with plans for a 5,000-acre Special Economic Zone.

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