Kenya to break ground on Dangote refinery – Ruto
Kenyan President William Ruto says the country is ready to break ground on the proposed East Africa Refinery in Lamu, a project with Aliko Dangote. Read More: https://punchng.com/kenya-to-break-ground-on-dangote-refinery-ruto/
Kenyan President William Ruto has confirmed that the country is prepared to commence the construction of the East Africa Refinery in Lamu, a project being developed in partnership with Nigerian industrialist Aliko Dangote. The talks with Dangote and Samaila Zubairu, CEO of the Africa Finance Corporation, took place during the 81st United Nations General Assembly in New York.
Ruto emphasized that the refinery would bolster East Africa's energy security, boost local value addition, generate employment, and advance the region's industrialization efforts. The project, estimated to cost around Sh2.2tn ($17bn) and have a processing capacity of 700,000 barrels of crude oil daily, aims to serve markets across East and Central Africa.
By positioning East Africa as a competitive energy and industrial hub, the refinery will unlock new economic opportunities and strengthen regional supply chains.
Written by urgent.news from Punch's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Kenya to break ground on Dangote refinery – Ruto punchng.com
