Africa’s richest man picks Indian PSU for $450 million refinery contract in Kenya

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Aliko Dangote has contracted Engineers India Ltd to manage the $16 billion refinery project in Lamu, Kenya, aimed at boosting regional energy security by reducing import dependency. The refinery will have a capacity of 700,000 barrels per day and construction will start by September end as part of a broader expansion plan.

Aliko Dangote has hired Engineers India Ltd to oversee his $16 billion refinery construction in Kenya. The refinery in Lamu will have a capacity of 700,000 barrels per day when completed. Dangote plans to strengthen regional energy security by reducing reliance on imports through this project. Work is scheduled to begin by the end of September as part of a larger expansion plan.