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Can Dangote deliver $16bn Lamu oil refinery in 40 months?

Africa’s richest man, Aliko Dangote (middle) to expand oil refinery. Photo @ Dangote Website
Africa’s richest man, Aliko Dangote (middle) to expand oil refinery. Photo @ Dangote Website

Maria Brook

Maria Brook is a journalist covering East Africa, reporting on politics, business, economic affairs and financial markets across the region.
  • Dangote gives himself 40 months to complete $16bn Lamu refinery.
  • Financing, crude supply and regional demand remain unresolved.

 

NAIROBI, KENYA — Aliko Dangote has started the clock on a $16bn Kenyan refinery, promising to deliver one of Africa’s biggest industrial projects within 40 months.

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