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Dangote acquires 25% stake in Kenya oil pipeline

Dangote Industries Limited has acquired a 25% interest in a Kenyan petroleum products pipeline network to strengthen its distribution infrastructure across Read More: https://punchng.com/dangote-acquires-25-stake-in-kenya-oil-pipeline/

Dangote acquires 25% stake in Kenya oil pipeline

Dangote Industries Limited's Chief Executive Officer, Aliko Dangote, announced that the company has acquired a 25% stake in a petroleum products pipeline network in Kenya as part of its strategy to enhance distribution infrastructure across Africa. During a discussion with the Financial Times Africa Summit 2026 in London, Dangote revealed that the acquisition was made with the support of Kenya's President.

He added that the Group is also pursuing infrastructure projects in Djibouti, Ethiopia, Cameroon, and Namibia to improve the distribution of refined petroleum products across the continent.

Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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