Africa's richest man Aliko Dangote blames oil firms for Kenya refinery protests
Aliko Dangote says local fuel marketers and international oil companies are behind protests against his $16 billion refinery in Lamu, Kenya.
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Aliko Dangote says local fuel marketers and international oil companies are behind protests against his $16 billion refinery in Lamu, Kenya.
Kenya is weighing a 10% stake worth about $500 million in Dangote's Lamu refinery, part of a 30% share offered to East African governments.
Aliko Dangote and William Ruto broke ground at Lamu on Sept. 30 on a refinery designed to process 700,000 barrels of crude a day by 2029.
A Malindi judge declined to stop construction of the Lamu refinery
Aliko Dangote says the Lamu refinery will include a 1,000-megawatt power plant, with half the electricity available to the Kenyan government.
Aliko Dangote says groundbreaking on the 700,000 barrel-a-day Lamu refinery will take place by October, at a cost revised down to about $16 billion.
Greenpeace Africa has called for a halt to Aliko Dangote's $17 billion Lamu oil refinery, warning it threatens one of East Africa's fragile ecosystems.
Tanzania's President Suluhu met Aliko Dangote in Dar es Salaam on May 16, days after he told the FT he favours Mombasa over Tanga for his East African refinery.