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Dangote’s Sh2 trillion Lamu refinery to be 70pc debt-funded

Construction of billionaire Aliko Dangote’s proposed oil refinery in Lamu is expected to be financed mainly through debt, with lenders set to provide about 70 per cent of the Sh2 trillion project cost. According to Business Daily, approximately Sh1.45 trillion will be raised through debt, while the remaining 30 per cent, equivalent to about Sh621 [...] The post Dangote’s Sh2 trillion Lamu…

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