Dangote Says Kenya Refinery Will Cost as Much as $17 Billion
AI Summary
Africa’s richest person plans to build a $17 billion mega-refinery on the Kenyan coast, according to Dangote Industries Ltd. The project represents a major investment in the region's energy infrastructure. This refinery is expected to significantly impact the energy market in East Africa.
A new mega-refinery to be built at the Kenyan coast by Africa’s richest person will cost as much as $17 billion, a spokesman for Dangote Industries Ltd. has confirmed.
Markets Deals Real Estate Commodities Energy Dangote Kenya refinery mega-refinery energy investment East Africa industrial project