Aliko Dangote Eyes Kenya for 650,000‑Barrel‑Per‑Day Oil Refinery: Media
10:03 10.05.2026 (Updated: 11:27 10.05.2026)
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Aliko Dangote Eyes Kenya for 650,000‑Barrel‑Per‑Day Oil Refinery: Media
Dangote estimates refinery construction would cost between $15 billion and $17 billion, media quoted him as saying.
“I’m leaning more towards Mombasa because Mombasa has a much larger, deeper port,” Dangote noted in an interview, comparing Kenya’s Mombasa to Tanzania's Tanga port.
Kenya, Tanzania and other East African countries are contemplating a shared oil refinery at Tanzania's Tanga port—inspired by Nigeria's Dangote facility, media noted, citing Kenyan President William Ruto.
Relying entirely on Middle Eastern imports for refined petroleum products, East Africa remains exposed to the supply shocks and price volatility witnessed during the US-Israeli conflict with Iran.
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Dangote estimates refinery construction would cost between $15 billion and $17 billion, media quoted him as saying.
“I’m leaning more towards Mombasa because Mombasa has a much larger, deeper port,” Dangote noted in an interview, comparing Kenya’s Mombasa to Tanzania's Tanga port.
Kenya, Tanzania and other East African countries are contemplating a shared oil refinery at Tanzania's Tanga port—inspired by Nigeria's Dangote facility, media noted, citing Kenyan President William Ruto.
Relying entirely on Middle Eastern imports for refined petroleum products, East Africa remains exposed to the supply shocks and price volatility witnessed during the US-Israeli conflict with Iran.
Subscribe to @sputnik_africa
Sputnik Africa | X
