-
Death toll from Venezuela quakes rises past 6,000
-
Fritz outguns Jodar to win ATP Washington title
-
Shafique, Babar lead strong Pakistan reply against West Indies
-
Major League Soccer names LAFC co-owner Berg as next commissioner
-
Defending champ Shelton finding tournament sweet spot in Montreal
-
Osaka out to improve Toronto fortunes with eye on US Open
-
Democratic-led US states sue in latest challenge to Trump's tariffs
-
Dow hits fresh record as oil prices tumble
-
Trump says Iran facing 'last chance before decapitation'
-
Trump board reassures Israel after objections on Gaza pullout
-
US northwest battles wildfires after Spokane neighborhoods scorched
-
Zelensky sacks his ambassador to the US
-
Iran denies negotiating with US, drawing Trump backlash
-
'Spider-Man' breaks record for domestic box office debut
-
Key dates for the Boeing 737 MAX
-
US regulators grant long-awaited Boeing 737 MAX 7 certificate
-
Israel objects to US-backed Gaza plan, defiant on pullout
-
Eala powers past Pegula for first WTA title in Washington
-
Norway's Haugset wins stage 3 to claim Tour de France Femmes lead
-
Legionnaires' outbreak in Switzerland's Basel kills one, 26 ill
-
Cuba slowly regains power after latest nationwide blackout
-
Infantino, the FIFA president under pressure after scrapped investor plan
-
Chelsea sign England midfielder Jordan Henderson
-
Young Danes start extended military service
-
Wildfire flares up again in Greece as water bombers deployed
-
England, Wales had driest July on record: Met Office
-
Greece wildfire expert says season 'one of the worst' in a decade
-
French court rejects pro-Kremlin commentator's deportation appeal
-
Sandoz strikes US settlements to resolve generic drug price dispute
-
Oil slides, stocks rise on hopes of deal to end Mideast war
-
Israel conveys 'concerns' to US on Gaza plan, keeps up strikes on territory
-
EU chief urges 'united action' on borders after Ceuta migrant rush
-
Inside Capital Regency's Market Expansion and User Acquisition
-
Oil prices slide on hopes of deal to end Mideast war
-
Israel conveys 'concerns' to US on Gaza plan and keeps striking
-
Dortmund sign Greek teenager Karetsas from Genk
-
Bangladesh measles outbreak drives families into debt: aid groups
-
Detained Aung San Suu Kyi meets Red Cross delegate in Myanmar
-
BitMart、説明を迫られる:SNC SCANDIC COINの出金は8日経っても依然としてTXIDなし
-
설명 압박에 직면한 BitMart: 8일이 지나도 여전히 TXID가 없는 SNC SCANDIC COIN 출금
-
Seoul issues first 'severe heatwave warning' under new system
-
BitMart تحت ضغط لتقديم توضيحات: عمليات سحب عملة SNC SCANDIC COIN لا تزال بدون معرّف المعاملة (TXID) بعد مرور ثمانية أيام
-
BitMart змушений надати пояснення: виплати в SNC SCANDIC COIN через вісім днів досі без TXID
-
Welsh FA withdraws support for Infantino's FIFA re-election bid
-
BitMart 面臨解釋壓力:SNC SCANDIC COIN 提現八天後仍無 TXID
-
BitMart under pressure to explain: SNC SCANDIC COIN withdrawals still without a TXID after eight days
-
Cycling superstar Pogacar to ride in Vuelta
-
Iran denies negotiating with US after Trump announces talks
-
Water bombers take to skies as Greece battles wildfires
-
What Europe can learn from Australia's 'Black Summer' wildfires
Nigeria's Dangote confirms Lamu, Kenya for east Africa mega-refinery
Africa's richest man, Aliko Dangote, will build a 700,000-barrels per day east African oil refinery in Lamu on the Kenya coast, a senior company official said Tuesday, ending speculation over the mega-project's location.
The location of the massive refinery -- similar to Dangote's sprawling complex in Nigeria -- was confirmed to AFP by Edwin Devakumar, the vice president in charge of oil and gas at Dangote Industries Limited.
It will take around 30 months to build the facility in east Africa's largest economy, he added.
There have been cryptic and conflicting messages on the project's location for months, with Tanzania and the Kenyan port of Mombasa also mooted.
Nigerian billionaire Dangote was in Tanzania late last month, where he held talks with President Samia Suluhu Hassan and explained "the commercial and technical considerations behind the Group's decision to locate its planned East African refinery in Lamu", according to a statement from his office.
He also invited Tanzania to participate in the Lamu investment.
His 650,000-bpd refinery in Nigeria, online since 2024, is the largest on the continent and is due to more than double capacity to 1.4 million bpd by 2028 to become the largest in the world.
- Questions remain -
There are still many question marks around the project in Kenya, not least where it will source the oil to refine, and how it will be financed.
Kenyan President William Ruto said in April that it would process oil from the Democratic Republic of Congo, Kenya, South Sudan, and Uganda.
But Kenya's oil reserves are yet to be pumped, while DR Congo's are only coming up in small quantities -- around 20,000 bpd, according to the government -- and only on the country's Atlantic coast, some 3,000 kilometres (1,860 miles) from Lamu.
South Sudan's production is much higher, at around 174,000 barrels per day, according to Juba. But it has historically been piped via neighbouring Sudan.
A planned pipeline to Lamu has been stalled by conflict for more than a decade.
That leaves Uganda, where crude is due to start being produced next year and sent via a massive new pipeline to Tanzania, though even that can only cater to a maximum of 246,000 bpd.
Although there is clearly demand for a mega-refinery in the region, since none exists in eastern or southern Africa, it could take decades to negotiate the deals and build the pipelines to Kenya, said Wambui Njehu Nzigo, an analyst at Control Risks.
"It will require so many different moving parts to fall into place at the right time," she told AFP.
Most importantly, the Uganda oil wells and pipeline to Tanzania are majority controlled by TotalEnergies, one of Dangote's biggest rivals.
"I don't understand why Total would give rights to Dangote to refine its oil," Amne Suedi, head of Tanzania's Shikani Investment and Advisory group, told AFP.
"None of this makes sense," she said.
But she added: "Dangote is a very credible business person. And I don't think that he would be venturing down this road if there was absolutely no opportunity."
burs-er/phz
L.Mesquita--PC