Wire · technology
A $16 billion oil refinery is coming to East Africa with capacity for 700000 barrels a day
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Fusion42 · 30 September 2026 · Fusion42 review
A $16 billion oil refinery with a capacity of 700,000 barrels per day is under construction in Lamu, Kenya, initiated by multiple East African countries and led by Nigerian billionaire Aliko Dangote. The project aims to boost local refining capacity to reduce crude oil exports and finished product imports in the region.
This Wire brief sits within Fusion42's coverage of Climate Tech, and 3 sources have reported it between 29 Sep 2026 and 6 Oct 2026.
◆ ◆ The Wire takeaway
East African energy founders should prepare for shifting regional supply chains as local refining capacity rises sharply, opening opportunities for related services and products. This project reduces reliance on imports, signalling growing local energy market maturity and new competition paths.
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3 sources · first reported 29 Sep 2026 · latest 6 Oct 2026
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