Rwanda backs Dangote’s proposed $17bn Lamu refinery amid regional competition

Author: theeastafrican.co.kePublished on: August 29, 2026Country: Kenya
PoliticsBusiness & Economy
Rwanda backs Dangote’s proposed $17bn Lamu refinery amid regional competition

Rwandan President Paul Kagame announced that his country has had preliminary discussions with Aliko Dangote to acquire a stake in the planned Lamu refinery in Kenya. While details of the acquisition are still being finalized, Kagame expressed Rwanda's interest in the investment. Kenyan President William Ruto emphasized the refinery's potential as a future petroleum hub for the region, with Dangote set to invest $16 billion.

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