Rwanda would be happy to take a stake in Aliko Dangote's US6 billion refinery planned at Lamu in Kenya, President Paul Kagame said. Talks are early.
RWANDA · ENERGY
Key Facts
—What Kagame said: Rwanda would be “very happy” to take part in Aliko Dangote’s planned refinery in Kenya, though talks are at an early stage.
—The reported offer: Kenya, Ethiopia and Rwanda were offered a combined 30% stake in the project, Bloomberg reported, citing Kenyan presidential adviser David Ndii.
—The money: Kenya’s own 10% share would cost about US$500 million, and the full regional package about US$1.5 billion.
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