Dangote Kenya refinery confirmed: Lamu will host a 700,000-barrel-a-day plant costing up to $17 billion, with soil tests and engineering under way.

A 700,000-bpd east African oil refinery proposed by Africa's richest man, Aliko Dangote, will be built in Kenya, a senior company official said Tuesday, putting a lid on…

The announcement comes as Dangote continues to expand his footprint in Africa's energy sector following the commissioning of his 650,000-barrel-per-day refinery in Lagos, Nigeria,…