Kenya, where the new refinery will be sited at the southeastern coastal town of Lamu, will take a 10 per cent stake estimated at around half a trillion dollars, the international news outlet stated, citing David Ndii, a top economic adviser of President Ruto.

President William Ruto's ambitious plan for a second Dangote refinery in Lamu has received a major boost after the successful completion of a $1 billion (Sh130 billion)…

Aliko Dangote is offering East African countries a 30% equity stake in a new refinery planned for Kenya