Wednesday, May 20, 2026

Video - East Africa competes for multibillion-dollar Dangote refinery investment



Tanzanian President Samia Suluhu Hassan has held high-level investment talks with Nigerian billionaire Aliko Dangote as competition intensifies over the location of a proposed multi-billion-dollar oil refinery in East Africa. The debate centers on whether the refinery will be built in Tanga, Tanzania, or in Kenya’s port city of Mombasa. Analysts say the project could strengthen regional energy security by reducing East Africa’s dependence on imported fuel from the Middle East.


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