An aerial view of a large coastal oil refinery with tall distillation columns and cylindrical storage tanks lit at dusk.

Dangote proposes 30% stake for East African nations in planned $15bn refinery

The Dangote Group is offering East African governments a combined 30 percent stake in a planned oil refinery that would process 700,000 barrels of crude per day, according to Semafor. The proposed facility would cost more than $15 billion to build, Semafor reported, making it one of the most ambitious energy projects yet pursued by […]

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