Hard truths.
The economist also raised concerns over the speed of the investment process and the absence, in his view, of sufficient public information on the project's economic projections
The refinery is being developed at a time when Kenya remains heavily dependent on imported petroleum products. Data from the Kenya National Bureau of Statistics shows that petroleum-product imports increased by...
The refinery is designed to handle up to 700,000 barrels of crude oil each day and is expected to be completed in 2030.
Speaking at the groundbreaking ceremony in Mokowe, Lamu County, on Wednesday, Ruto said investors should be regarded as development partners and warned those he accused of using disputes and court cases to seek...
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...
Speaking on Radio Generation on Wednesday, Njiru said residents affected by the refinery and the wider Lamu Port-South Sudan-Ethiopia Transport (LAPSSET) corridor projects must be involved in decisions concerni...
In a statement issued on Wednesday, Oburu described the investment as “a powerful catalyst towards National industrialization” and said it could “permanently rewrite the economic destiny of Lamu County and the...
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...
MV Da Yang docked at the port on Saturday carrying 2,930 metric tonnes of heavy construction machinery to be used in the development of the Sh2.2 trillion refinery.
The ongoing operation has brought together Kenya Red Cross aqua divers, Beach Management Units, and local fishing boats familiar with the channel, all working jointly to scan the waters in a continuous effort t...
The agreements were signed by President William Ruto and his Kazakhstan counterpart Kassym-Jomart Tokayev following bilateral talks focused on expanding economic and strategic ties between the two nations.
Kenya’s State Department for Transport has reported a Sh37.7 billion funding shortfall in its 2026/27 budget plan, warning MPs this could delay key infrastructure projects and core statutory obligations.