Africa's richest man picks Lamu for $17 billion Kenya refinery as engineering work begins
Billionaires Africa | 09.07.2026 00:57
Aliko Dangote has settled on Lamu, an island off Kenya's coast, as the site of a 700,000-barrel-a-day oil refinery that his company says could cost as much as $17 billion (2.2 trillion shillings), ending months of uncertainty over whether the plant would land in Kenya or Tanzania.
