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Business Insider Africa·2 min read·medium

Dangote unveils funding plan for $17 billion Kenya refinery set to become Africa’s second largest

Dangote unveils funding plan for $17 billion Kenya refinery set to become Africa’s second largest
AI Summary

The Dangote Group has announced a funding plan for a new $17 billion oil refinery in Kenya. Once completed, the facility is projected to be the second-largest in Africa, significantly boosting the continent's fuel-processing capacity.

The planned 700,000-barrel-per-day (bpd) facility is expected to become East Africa's largest refinery and, once completed, could rank as Africa's second-largest refinery by nameplate capacity, reinforcing Dangote's drive to expand fuel-processing ca... [3139 chars]

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