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Aliko Dangote says he did not know Lamu before refinery project

Speaking during the groundbreaking ceremony for the Dangote East Africa Refinery in Lamu County, Dangote said the project was also among the fastest major developments by the group on the continent.

Nigerian billionaire Aliko Dangote revealed during the groundbreaking ceremony for the Dangote East Africa Refinery in Lamu County that he was unaware of the location before May this year, when his group was considering sites for the planned refinery. The project, which is set to be the largest refinery in East Africa and the second-largest on the continent, is expected to process 700,000 barrels of crude oil per day.

Dangote highlighted the project's speed among the group's major developments on the continent, stating it is the second-fastest after a fertilizer project in Ethiopia. The refinery's selection for Lamu was influenced by the location's strategic position and commercial viability, with its access to the Indian Ocean and infrastructure being key factors in its development.

Brief written by urgent.news from Capital Business's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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