Dangote Industries Acquires 25% Stake in Kenya Pipeline
Aliko Dangote, President of Dangote Industries Limited, revealed that the Group has acquired a 25% interest in a petroleum products pipeline network in Kenya. This announcement was made during a discussion with David Pilling, Africa Editor of the Financial Times, at the Financial Times Africa Summit 2026 in London.
Dangote stated that this acquisition was supported by the President of Kenya and is part of a broader strategy to improve petroleum distribution infrastructure across Africa, including projects in Djibouti, Ethiopia, Cameroon, and Namibia. The Group is developing a distribution corridor linking Djibouti with Addis Ababa and plans to transport refined petroleum products from Lagos to Namibia.
Additionally, Dangote announced plans for a new refinery in Lamu, Kenya, with a capacity of approximately 700,000 barrels per day, which will source crude oil from various markets. The decision to invest in East Africa was influenced by the region's industrial activities and energy demands.
Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.
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