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Kenya drops plan to use NIF for stake in Dangote’s Lamu refinery, eyes $500m local bond

The Africa Report 21 August 2026 7h ago
Kenya drops plan to use NIF for stake in Dangote’s Lamu refinery, eyes $500m local bond
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Relevance
3/25
Freshness
25/25
Authority
18/20
Brand Signal
6/15
Depth
3/15
Relevance Freshness Authority Brand Depth
The East African country aims to raise $500m from its domestic capital market to acquire a 10% stake in the planned Dangote refinery on Lamu Island, off Kenya’s northern coast.
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