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Why Is Dangote Building a $17 Billion Refinery in Lamu?
Soufiane Tahiri
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“Why is Africa’s richest man building a massive oil refinery in Lamu — a place thousands of kilometres from Nigeria, where Dangote is already operating one of the world's biggest refineries? The answer has less to do with where the oil is… and more to do with where Lamu is.”“The refinery isn't here because Kenya has lots of oil. In fact, Kenya currently doesn't produce enough commercial crude to feed a refinery this size. Dangote is betting on Lamu because of where it sits — at the Indian Ocean, next to a deep-water port, and at the gateway to a huge regional market.” @DangoteGroup
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