Nigerian billionaire Aliko Dangote and Kenya’s President William Ruto have broken ground on a $16bn (£12bn) oil refinery in Lamu, on Kenya’s northern coast.
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The Dangote refinery has a nameplate capacity of 650,000 barrels of crude per day.
Nigeria’s fuel trade has undergone a dramatic reversal since the arrival of the Dangote refinery, with petroleum product exports surging more than seven-fold while seaborne imports have fallen to less than a third of their 2023 level.
East Africa, a region that has been working to deepen economic integration for more than 25 years, has a history of disagreements about the location of energy infrastructure. Uganda discovered oil in 2006 with the potential to pump an estimated 210,000 to 230,000 barrels of oil per day at peak production. Back in 2014, Kenya…
