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Dangote: “We Don’t Have Any Problem Raising the Money” for Kenya Refinery
['Richard Kamau']
Nairobi Wire
Construction of the highly publicized East African oil refinery in Kenya could start by October, after Nigerian billionaire Aliko Dangote said the project’s preparations have progressed substantially.
“The East Africa refinery makes a lot of sense because it will not serve only Kenya.
Dangote said the company has confidence it will secure the money needed to finance the refinery.
“We don’t have any problem raising the money,” he said.
He also said the refinery will help African countries strengthen their energy security by expanding their ability to meet their own fuel needs.