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Macro Finance

Dangote Dismisses Kenyan Court Ruling Pausing Refinery Build

Bloomberg Markets·September 28, 2026·1 min read

Billionaire investor Aliko Dangote said a court order directing his company to hold off building a $16 billion oil refinery in the Kenyan coastal town of Lamu won't derail the project. The Kenyan government also unveiled plans for a new port in the area, signaling continued support for the development.

Read at Bloomberg Markets
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