Mbadi: Kenya willing to grow stake in the Dangote refinery

Author: businessdailyafrica.comPublished on: September 29, 2026Country: Kenya
Business & Economy
Mbadi: Kenya willing to grow stake in the Dangote refinery

Kenya plans to acquire additional shares beyond the current 10% in Dangote's Lamu refinery if other East African countries opt out or buy fewer shares. Regional governments have been offered up to 30% of the refinery, with Kenya's allocation set at 10%, while Ethiopia and Rwanda have shown interest in the project, which is valued at 2 trillion shillings and begins construction on Wednesday.

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