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Dangote Wants Government Protection for Ksh2.2 Trillion Lamu Refinery
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Kenyans.co.ke
Africa’s richest man, Aliko Dangote, wants the Kenyan government to protect his planned Ksh2.2 trillion oil refinery in Lamu from cheap imported fuel.
The debt portion would amount to roughly $11.2 billion, while Dangote said his group had no difficulty raising the required financing for the massive project.
A photo collage of palm oil and Nigerian billionaire Aliko Dangote, August 11, 2026.
He added that Lamu is also emerging as a potential industrial hub, with the government finalising plans for a Ksh12.9 billion palm oil processing plant at Witu Nyangoro Ranch.
Principal Secretary for Investment Promotion Abubakar Hassan said the facility could create about 3,000 jobs and help reduce Kenya’s reliance on imported palm oil.