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Rwanda in talks over stake in Dangote’s Lamu oil refinery

Sacco ReviewAugust 28, 2026August 28, 202603 mins

Rwanda explores a stake in Dangote’s proposed Lamu refinery. Kenya has reportedly been offered a 10% equity stake. The project could become East Africa’s biggest energy investments. Rwanda has entered preliminary discussions over a potential stake in the proposed Dangote oil refinery in Lamu, as East African countries weigh participation in the multibillion-shilling project. Rwandan…

Dangote Lamu refinery to cost Ksh2 trillion as construction starts in October

Sacco ReviewAugust 10, 202603 mins

Dangote plans to invest about Ksh2 trillion in a proposed 700,000 barrel per day oil refinery in Lamu, with construction set to begin in October 2026. The project is expected to take four years to complete and will be financed through 30 percent equity and 70 percent debt. The refinery is expected to strengthen Kenya’s…