Energy · 52 views
East Africa’s Oil Rivalry Spurs Multi-Billion-Dollar Projects Across The Region
Last month, we reported that Nigerian billionaire and Africa’s richest man, Aliko Dangote, has agreed to build a $17 billion (Ksh2.2 trillion), 700,000-barrel-per-day refinery on Kenya’s Lamu Island that would process crude not only for…
AI Summary
Nigerian billionaire Aliko Dangote has committed to constructing a $17 billion refinery on Kenya’s Lamu Island, designed for a capacity of 700,000 barrels per day. The plant will process crude not only for Kenya but also for neighboring Uganda, Rwanda, Burundi, South Sudan and the Democratic Republic of the Congo.
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