Nigeria's Dangote mega-refinery Thursday said it has secured $2.5 billion in investment from private investors to fund its expansion plans, as it widens its refining business to east Africa.

Dangote plans a $17 billion, 700,000 bpd refinery on Kenya’s Lamu Island, aiming to end East Africa’s reliance on imported fuels.

Nigeria's Dangote mega-refinery Thursday said it has secured $2.5 billion in investment from private investors to fund its expansion plans, as it widens its refining business to…