https://www.live-feeds.com/feed/while-the-world-shifts-from-fossil-fuels-to-evs-africa-s-richest-man-is-building-a-16bn-refinery-in-a-country-that-barelContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/while-the-world-shifts-from-fossil-fuels-to-evs-africa-s-richest-man-is-building-a-16bn-refinery-in-a-country-that-barelhttps://www.live-feeds.com/feed/while-the-world-shifts-from-fossil-fuels-to-evs-africa-s-richest-man-is-building-a-16bn-refinery-in-a-country-that-barel#u103310Mon, 05 Oct 2026 17:15:13 +0000Aliko Dangote and Kenyan President William Ruto officially launched construction of a $16 billion oil refinery in Lamu on September 30. The facility is designed to process 700,000 barrels of crude oil daily, matching the capacity of Dangote's Nigerian plant. Construction is expected to take 40 months, with a target operational date of 2029. Honeywell is assisting in the build. The project proceeds despite local land protests in Lamu and global trends shifting toward electric vehicles.Why it mattersKenya has struggled for over a decade to establish sustained commercial production from its