Hard truths.
Ruto responded to the senator’s demand for the agreement by saying lawmakers already have a procedure they can use to compel the presentation of government deals before Parliament.
The refinery is expected to generate 1,000 megawatts of electricity and produce one million tonnes of polypropylene, with the wider project covering areas such as energy, petrochemicals, logistics, engineering,...
The facility will be built on land within the Lamu Port-South Sudan-Ethiopia Transport (LAPSSET) corridor and is planned to process crude from Kenya's Lokichar fields, other African producers and international...
ong the products expected from the facility is polypropylene, which he said could help meet the needs of Kenya’s plastics manufacturers.
The Nigerian billionaire said the refinery idea took shape during a meeting with President William Ruto in Nairobi. The two were initially discussing fertiliser supplies before the conversation turned to the po...
The Treasury CS said reports that Kenya could be offered a stake in the refinery under a proposed regional participation arrangement should not be interpreted as evidence that Ruto personally has an interest in...
Dangote said the decision to increase production was driven by the need for Africa to strengthen its own supply of fertiliser and reduce its reliance on imported farm inputs.
According to Dangote, the electricity project will be a major part of the Kenyan investment, with the plant expected to generate about 1,000MW from petroleum coke, also known as petcoke.
The 120-kilometre pipeline will connect Djibouti’s Damerjog port to a fuel distribution facility in Dewele, Ethiopia, and will include storage capacity of about 400 million litres.
The refinery, a joint project between the Kenyan Government and Nigerian billionaire Aliko Dangote, is expected to process crude oil from Lokichar in Turkana County and supply refined petroleum products to mark...
The regulator says the IPO is regulated in Nigeria and has not been submitted to the CMA for consideration and approval under Kenya’s legal and regulatory framework.
The month-long offer has already attracted interest from members of the public, with some investors using their savings to buy a stake in the facility.