Tagged:

Dangote Eyes Multi-Country Refinery Project in East Africa

Africa's richest man and President of the Dangote Group, Aliko Dangote, has signalled plans to partner with Kenya and Uganda to construct a major oil refinery in Tanzania. This is modelled after his flagship 650,000 barrels-per-day facility in Nigeria.

Dangote, who participated in the conference alongside other regional presidents, including Kenya's president, William Ruto, and Uganda's president, Yoweri Museveni, among others, expressed confidence that the venture would materialise, provided political backing is secured.

Through the proposed project, Dangote intends to reshape Africa's energy and industrial landscape by constructing large-scale infrastructure that is anchored locally. Currently, most of East Africa's refined petroleum products are imported from the Middle East, making the region susceptible to disruptions of supply and price spikes.

Vanguard

Dangote Refinery in Lekki, Nigeria (file photo).

Follow AllAfrica

AllAfrica publishes around 600 reports a day from more than 90 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.