Kenya Breaks Ground on $16B Dangote Oil Refinery
African leaders have welcomed the start of construction on a major $16 billion Dangote oil refinery in Kenya.
Kenya has broken ground on a major new oil refinery, the BBC reported. The large-scale infrastructure project was officially inaugurated at a groundbreaking ceremony in the country.
According to a report by DW, African leaders heralded the initiative, which is backed by the Dangote group and valued at an estimated $16 billion.
Further details regarding the construction timeline, the specific location of the facility, and its planned refining capacity have not yet been released.