12/08/2026
DANGOTE’S SH2 TRILLION REFINERY SET TO TRANSFORM LAMU, UNLOCK LAPSSET POTENTIAL
The planned construction of a massive oil refinery in Lamu by Africa’s richest man, Aliko Dangote, could transform Kenya’s northern coast into a major energy and logistics hub while giving fresh momentum to the long-delayed Lamu Port-South Sudan-Ethiopia Transport (LAPSSET) Corridor.
Dangote has announced that construction of the proposed 700,000-barrel-per-day refinery is expected to begin by October, with the investment now estimated at $16 billion (nearly Sh2 trillion).
“By October this year, we will be groundbreaking. Once we break the ground, we will begin the construction,” Dangote told the BBC.
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