Why Dangote’s Lamu refinery cannot shield Kenya from global oil shocks
Originally published by People Daily — Read the original article →
Aliko Dangote’s Ksh2.1 trillion ($16 billion) oil refinery in Lamu is being presented as a major answer to East Africa’s dependence on imported petroleum products. But the project will not provide an immediate solution to Kenya’s fuel pressures, and its eventual ability to protect consumers from global oil shocks will depend heavily on where it […]