Dangote Favours Kenya’s Mombasa Over Tanzania’s Tanga for East Africa Oil Refinery
Nigerian billionaire Aliko Dangote has indicated he now favours Kenya's Mombasa over Tanzania's Tanga for a proposed 650,000-barrel-per-day oil refinery estimated at USD 15–17 billion, citing port depth, market size, and the need for protection against cheap fuel imports—less than three weeks after pledging to build the facility in Tanga.
5/11/2026 4:09:47 AM