Kenya revives Turkana oil pipeline for Dangote refinery

Author: Kepha MuiruriPublished on: November 3, 2026Country: Kenya

Business & Economy

Kenya revives Turkana oil pipeline for Dangote refinery

Kenya plans to connect its Turkana oil fields to Dangote’s East African refinery in Lamu through a new pipeline. Kenyan crude would become a key raw material for the Nigerian billionaire’s project. A senior economic adviser to President William Ruto confirmed plans to revive the project, which had previously been abandoned amid doubts about securing funding.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Rising Feed Costs Threaten Poultry and Livestock Farming in Three States

Business & EconomyNigeria

vanguardngr.com•1h ago

Rising Feed Costs Threaten Poultry and Livestock Farming in Three States

Farmers in Niger, Kogi and Nasarawa warn that rising feed costs, expensive day-old chicks and weak market prices are threatening their businesses and livelihoods. Feed accounts for 70 to 80 per cent of poultry production expenses, forcing some operators to cut production, sell at a loss or leave farming altogether. In Lokoja, poultry feed costs as much as N22,500 per bag and day-old chicks about N2,200 each, while egg sales often barely cover production costs. Farmers are calling for subsidised feed and inputs, affordable loans, local feed mills and stronger price regulation.

JP Morgan’s Nigeria Expansion Could Boost Foreign Investment, IMPI Says

Business & EconomyNigeria

Joseph Erunke•1h ago

JP Morgan’s Nigeria Expansion Could Boost Foreign Investment, IMPI Says

The Independent Media and Policy Initiative (IMPI) says JP Morgan Chase’s application for a national merchant banking licence in Nigeria could attract foreign investment and improve corporate financing. The group, led by Omoniyi Akinsiju, says the expansion could deepen the bank’s trade finance, corporate lending and cross-border underwriting, benefiting sectors including energy, telecommunications and manufacturing. IMPI cautions that the move alone will not guarantee increased foreign direct investment, which will also depend on investment conditions and consistent economic policies. The group links renewed international interest in Nigeria to President Bola Tinubu’s 2023 foreign exchange reforms and removal of the fuel subsidy.

2026 Amended Finance Bill: Former Minister Abdourahmane Sarr responds to Parliament's rejection

Business & EconomyPoliticsSenegal

senenews.com•1h ago

2026 Amended Finance Bill: Former Minister Abdourahmane Sarr responds to Parliament's rejection

After the National Assembly rejected the 2026 amended finance bill, former Economy Minister Abdourahmane Sarr praised the democratic debate in a post on X on November 3. He called for a credible financing strategy and greater transparency in public finances, saying Senegal should establish the true state of its economy through its own institutions. Sarr challenged the bill’s public investment forecast: after 1,031 billion CFA francs had been executed by the end of September 2026, reaching the projected 2,249 billion would require spending 1,218 billion in the final three months. He added that the IMF does not represent the interests of the Senegalese people, a responsibility he said belongs to national institutions.

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox