Dangote's planned East Africa refinery will model his recent mega project in Nigeria's Lagos.

Aliko Dangote tells the FT he is leaning towards Mombasa rather than Tanzania for 650,000-barrel-a-day oil mega-project

Aliko Dangote, Africa’s wealthiest businessman, is moving forward with plans to build a $17 billion oil refinery in Kenya, marking a significant step in addressing East Africa’s…

Dangote's planned East Africa refinery will model his recent mega project in Nigeria's Lagos.

President of the group, Aliko Dangote, disclosed this during a recent interview with Nicolai Tangen, chief executive officer of the Norwegian Sovereign Wealth Fund.

Mr Dangote said small groups profited from local product allocations under the subsidy regime and that subsidy payments alone reached nearly $10 billion annually.

Africa’s richest man, Aliko Dangote, recently disclosed that his conglomerate, the Dangote Group, is set to allocate an incredible sum for significant projects, such as a new…