@dw.africa: Nigerian billionaire Aliko Dangote is now leaning toward Kenya rather than Tanzania as the preferred location for a proposed East African oil refinery that could process up to 650,000 barrels of crude oil per day, according to an interview published by the Financial Times. The planned refinery, estimated to cost between $15 billion and $17 billion, would mirror the scale of Dangote’s refinery in Lagos, currently Africa’s largest single-train refinery. Dangote said Kenya’s port infrastructure gives it a significant advantage over Tanzania’s proposed site in Tanga. “I'm leaning more towards Mombasa because Mombasa has a much larger, deeper port,” he said. He also pointed to Kenya’s market size while comparing the two East African economies, saying: “Kenyans consume more. It's a bigger economy.” The remarks signal a possible shift from earlier discussions among East African countries about locating a regional refinery at Tanzania’s Tanga port, an initiative publicly discussed by Kenyan President William Ruto #dwafricasocialmedia #kenyantiktok🇰🇪 #dangote #tanzaniatiktok #ugandatiktok

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Sunday 10 May 2026 12:54:18 GMT