Wednesday, October 21, 2026
  • About
  • Advertise
  • Careers
  • Contact
Insight Post Uganda
  • Home
  • NewsHot
    • Health
    • Politics
    • Religion
    • Lifestyle
    • World News
    • Tourism
    • Environment
    • Agriculture
  • Business
    Michael Atingi-Ego

    Atingi-Ego Rejects Link Between Sovereignty Law and Shilling Depreciation

    Lawyer Steven Kalali

    Exodus SACCO Officials Face Jail Bid Over Defiance of Court Order

    Minister for the Presidency Milly Babalanda poses for a photograph with senior military and civilian officers of Operation Wealth Creation (OWC) during a week-long capacity-building retreat at the National Leadership Institute (NALI) in Kyankwanzi.

    Minister Babalanda Urges Operation Wealth Creation Officers to Prioritise Results Over Input Distribution

  • Sports
    Uganda Set To Complete AFCON 2027 Stadia By December 2026

    Uganda Set To Complete AFCON 2027 Stadia By December 2026

    Eurofoam Marketing Manager Claire Kemigisha buys the first jersey from Mukono Diocese Bishop Enos Kagodo to launch the Mukono Cathedral Run

    Mukono Diocese Turns To Community Run To Raise UGX5 Billion For Cathedral

    Rogers Sebyondwa

    Bulemeezi Player Dies After Suffering Injuries In Kyaggwe Masaza Cup Match

  • Education
    Victoria University Chancellor Calls for AI Integration Across University Programmes

    Victoria University Chancellor Calls for AI Integration Across University Programmes

    St. Mary’s College Mayenze Announces 50% Fee Relief For Bright, Talented And Vulnerable Students

    St. Mary’s College Mayenze Offers Hope to Bright Ugandan Learners With 50% School Fee Bursaries

  • In Luganda
    Betty Nambooze, Mukono Municipality MP

    Kibuule Akubye Mu Nambooze Ebituli, Talina Kyakoledde BannaMukono Okujjako Okujoboja

    Omubaka Gwetwalonda Teyadda-Abekyampisi Betondedde Kibuule

    Omubaka Gwetwalonda Teyadda-Abekyampisi Betondedde Kibuule

    Counsel George Musisi ng'alaga emu ku kaadi mu lukungana lw'amawulire

    Munnamateeka Wa NUP Atambula Nju Ku Nju Ng’ Asaggula Obuwagizi  

  • In Photos
    Ronald Kibuule at Mukono recently.

    Kibuule Poised for Return as Museveni Signals Endorsement in Mukono North

    Katikiro presiding over the opening of the renovated official residence of the Buddu County Chief at Ssaza grounds in Masaka City on Tuesday. Pictures by Robert Nsubuga.

    Pictorial:  Katikiro Mayiga Slams Masaka People Over Poor Hygiene

    Ismael-Kifudde-the-Mukono-Police-Division-Officer-in-Charge-directing-Nambooze-not-to-use-the-route-heading-to-town-center

    Moments of Excessive Force Against Betty Nambooze in Recent General Elections

  • Profiles
    Rwakakooko before PAC

    Parliament Questions UEDCL Preparedness After Umeme Takeover

    Brig. Gen. Kiyengo (center) posing for the photo with the members of Nakifuma Rotary Club who promised to attend his book launch.

    CUTTING THROUGH HELL: UPDF Medic Chronicles Uganda’s Silent War in Somalia Through Powerful Memoir

    L-R MP Mawogola South (Sembabule)-Goreth Namugga, Councillor Amiri Kiggundu, COTFONE Coordinator-Kayinga Yisito Muddu and Mr Xavier Ejoyi, Country Director ActionAid International Uganda at the award event

    National Citizens’ Integrity Awards 2024: Unsung Heroes Celebrated

  • Op-Ed
    • Editorial
    • Opinion
  • Login
No Result
View All Result
Insight Post Uganda
Home Business

Africa’s Richest Man Launches Kenya Oil Refinery Despite Land Protests

Insight Post Uganda by Insight Post Uganda
September 30, 2026
in Business
Reading Time: 3 mins read
A A
0
Aliko Dangote made his fortune in cement before branching into the oil business.

Aliko Dangote made his fortune in cement before branching into the oil business.

Nigerian billionaire Aliko Dangote and Kenya’s President William Ruto have broken ground on a $16bn (£12bn) oil refinery in Lamu, on Kenya’s northern coast.

Upon completion, the refinery is expected to process 700,000 barrels of crude oil a day, making it East Africa’s largest industrial project by capacity.

Related posts

Uganda Assures Kenya It Is Not Interfering in Its Electoral Process

Uganda Assures Kenya It Is Not Interfering in Its Electoral Process

October 7, 2026
Doctor in Court to Face Rwanda Genocide Charges

Doctor in Court to Face Rwanda Genocide Charges

September 22, 2026

Ahead of the launch, some local residents took to the streets to demand more compensation for land used for the refinery.

Speaking to the BBC, Dangote, Africa’s richest man, dismissed the protests as games played by local marketers and international players, insisting the refinery would go ahead and would be ready by 2030 as planned.

The ground-breaking was also attended by the leaders of Uganda, Ethiopia, Togo and Benin.

Dangote has offered regional governments a combined 30% stake in the refinery, according to Reuters news agency.

“This is Africa coming together to build Africa. Today, we are not simply breaking ground for a refinery; we’re breaking ground for a new chapter in Africa’s industrial journey to a brighter future,” Dangote said as he launched the project.

“Lekki [his Nigerian refinery] proved that it can be done; Lamu must prove that it can be repeated.”

President Ruto made a similar point, saying: “It is a declaration that Africa has entered a new age in which we will increasingly finance, build, process and add value here at home.”

The refinery is set to become the only one in East Africa and is Kenya’s largest infrastructure project since independence, surpassing the $5.1bn (£3.9bn) Standard Gauge Railway.

In his interview with the BBC’s Focus on Africa programme, Dangote disputed the compensation claims and said the company took only the portion of land it needed from what the government made available.

“To come and say some people are demonstrating, demonstrating about what? Have you ever seen people demonstrating against themselves in terms of development?” he asked, indicating he was not fazed by the protests.

Walid Ali, the co-founder of the Save Lamu campaign group, told the BBC that they are concerned about the environmental impact the project could have on the local community.

“We are asking for the findings from the environmental impact assessment so that we can see what mitigation measures are being proposed,” Ali said.

“This is not the first project where we have seen environmental concerns being overlooked,” he added.

A group of 133 Lamu residents has approached Kenya’s High Court in a bid to stop the construction work.

As a result, activities such as excavation and construction on the disputed land are restricted until the next court hearing on 14 October.

At the height of construction, Dangote said the refinery would create 60,000 jobs, with the benefits extending beyond those employed directly by the project.

“Are we going to bring robots? Of course, the people will benefit,” he said.

Critics have questioned the decision to build the refinery in Kenya, which is not an oil-producing country. Others have suggested Tanzania or Uganda, both of which are moving towards oil exports through the East African Crude Oil Pipeline.

But Kenya’s Energy and Petroleum Minister Opiyo Wandayi told the BBC that the refinery’s location did not mean it would rely on oil from the region.

“Refineries get crude oil from the market. And the market is open,” he said.

Dangote made a similar point, citing Singapore as an example.

“Singapore doesn’t produce a single drop of oil, yet they have a lot of refineries,” Dangote said.

The refinery will also include a 1,000-megawatt power plant.

Dangote sees reliable electricity as a critical constraint on industrialisation across Africa, particularly in mineral-rich countries that still export raw materials rather than processing them locally.

He has about $50bn (£38bn) worth of projects in the pipeline, including plans to develop 10,000 megawatts of power generation capacity across Africa by 2030, with the potential to double that depending on demand.

In Lamu, the new power plant is designed to support Dangote’s operations as well as other industries expected to set up in the area.

“The power is there, and what you do is what we call plug and play,” he said.

Kenya has relatively high fuel prices, raising expectations that greater refining capacity could eventually help bring down pump prices. However, the price of crude oil, the main raw material for fuel, set by international markets, remains a major factor in what consumers pay at the pump.

The Lamu refinery is Dangote’s largest proposed investment outside Nigeria. His refinery in Nigeria also has a processing capacity of 700,000 barrels a day.

Dangote plans to double that capacity after floating 4.1 million ordinary shares to raise up to $2.1bn earlier this month.

ENDS.

Tags: AfricaDangote
ShareTweetPin
Previous Post

Mukono LC5 Petition: Lukooya, EC Concede Election Had Irregularities and Tallying Errors

Next Post

Court Dismisses Kiyaga Bid to Access Kyambadde’s Polling Results Forms

Related Posts

Michael Atingi-Ego
Business

Atingi-Ego Rejects Link Between Sovereignty Law and Shilling Depreciation

October 16, 2026
Lawyer Steven Kalali
Business

Exodus SACCO Officials Face Jail Bid Over Defiance of Court Order

October 15, 2026
Minister for the Presidency Milly Babalanda poses for a photograph with senior military and civilian officers of Operation Wealth Creation (OWC) during a week-long capacity-building retreat at the National Leadership Institute (NALI) in Kyankwanzi.
Business

Minister Babalanda Urges Operation Wealth Creation Officers to Prioritise Results Over Input Distribution

October 14, 2026
Community gathering Illustrates residents gathering to demand justice.
Business

Kalangala Residents Hunt Missing Councillor Accused of Sodomy

October 13, 2026
Stanbic's Executive Head of Business and Commercial Banking, Tunde Thorpe, handing over a gift to the acting District Education Officer, Joy Wamalugu
Business

Stanbic Lights Up Mbale School for the Deaf with New Solar System

October 13, 2026
President Yoweri Museveni addresses the virtual celebrations to mark Uganda’s 64th Independence Day at State House, Entebbe.
Business

Museveni Rejects Use of Forex Reserves to Stabilise Shilling

October 9, 2026
Next Post
Court Dismisses Kiyaga Bid to Access Kyambadde’s Polling Results Forms

Court Dismisses Kiyaga Bid to Access Kyambadde’s Polling Results Forms

RECOMMENDED NEWS

Namiryango High School students at Mukono Police

Students Taken to Police Over Dormitory Sex Scandal at Namiryango

6 months ago
Medical specialists conduct a complex life-saving operation

Tortured Boy Survives 8-Hour Surgery as Doctors Remove 50 Needles, Pen Fragments From Stomach

5 months ago
State Grills Kivumbi Sureties in Terrorism Bail Hearing

State Grills Kivumbi Sureties in Terrorism Bail Hearing

5 months ago
GISO

GISO Fails to Raise Medical Bills, Succumbs to Wounds

5 years ago

FOLLOW US

Insight Post Uganda

We bring you the most balanced news professionally investigated by our news team. The Insight Post is Uganda’s News company regulated by the Uganda Communications Commission.

Follow us on social media:

Recent News

  • MILLY BABALANDA: Ugandans in the Diaspora are Strategic Partners for National Development
  • Two Suspects Committed to High Court over University Student’s Murder
  • Man Charged with Criminal Trespass, Property Damage in Mukono Land Dispute

Category

  • Agriculture
  • Business
  • Editorial
  • Education
  • Environment
  • Health
  • Lifestyle
  • Luganda
  • News
  • Opinion
  • Photos
  • Politics
  • Profiles
  • Religion
  • Runyankole
  • Security
  • Sports
  • Tourism
  • Uncategorized
  • World News

Recent News

MILLY BABALANDA: Ugandans in the Diaspora are Strategic Partners for National Development

MILLY BABALANDA: Ugandans in the Diaspora are Strategic Partners for National Development

October 20, 2026
Two Suspects Committed to High Court over University Student’s Murder

Two Suspects Committed to High Court over University Student’s Murder

October 20, 2026
  • About
  • Advertise
  • Careers
  • Contact

© 2024 The Insight post Uganda - The Insight post uganda. Site Powered by Bookablehood Ltd.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
error: Content is protected !!
en_USEnglish
en_USEnglish
No Result
View All Result
  • Home
  • Politics
  • Business
  • Sports
  • Lifestyle
  • Tourism
  • Opinion

© 2024 The Insight post Uganda - The Insight post uganda. Site Powered by Bookablehood Ltd.