Kenya to launch Dangote-backed $17 billion East Africa Oil Refinery September 30
The Kenyan government has finalised preparations for the September 30, 2026 launch of the East Africa Oil Refinery project in Lamu, with President William Ruto expected to lead the groundbreaking ceremony. The post Kenya to launch Dangote-backed $17 billion East Africa Oil Refinery September 30 appeared first on Nairametrics .
Kenya is set to inaugurate a $17 billion oil refinery in Lamu on September 30, 2026, with President William Ruto slated to officiate the groundbreaking ceremony. The project, spearheaded by Nigerian billionaire Aliko Dangote, the Africa Finance Corporation, and other regional partners, is expected to process up to 700,000 barrels of crude oil daily, serving markets across East and Central Africa.
Kindiki stated that authorities are finalizing arrangements for security, logistics, and protocol to ensure the event runs smoothly. The refinery aims to establish a large-scale energy and industrial hub in Kenya's coastal region, boost the country's crude oil processing capacity, and reduce foreign exchange outflows by decreasing dependence on imported petroleum products.
It is anticipated to generate around 50,000 jobs and stimulate economic development in Lamu and the wider Coast region. The project also includes plans for crude oil pipelines to transport crude from Kenya's Turkana oil fields, with construction expected to commence by the end of September, taking approximately three years to complete.
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