What equity stake has Dangote Group offered to East African nations in its planned refinery, and how is the $1.5 billion regional share allocated?

Dangote Group has offered East African countries a collective 30% equity stake in its planned refinery, with Kenya’s 10% share valued at approximately $500 million; the total regional stake is valued at about $1.5 billion, and Ethiopia and Rwanda have already expressed interest, according to Kenyan President William Ruto’s top economic adviser David Ndii.

What are the projected scale, cost, and crude supply sources for Dangote’s proposed East African refinery?

The refinery is planned as a replica of Dangote’s 700,000-barrel-per-day Nigerian facility, expected to process about 600,000 barrels of crude per day from oil fields in Uganda and Kenya; the refinery itself is estimated to cost up to $16 billion, while the total investment—including the petrochemical complex and associated port infrastructure—will be about $20 billion, with groundbreaking scheduled for September.

Dangote Offers East African Nations 30% Stake in New Refinery

Aug 20, 2026

Dangote Group offers East African nations a 30% equity stake in a planned $16 billion refinery project processing 600,000 barrels of crude daily. Groundbreaking is expected in September, with total infrastructure costs reaching approximately $20 billion.

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