Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › World News › Dangote Says Kenya Refinery Will Cost as Much as $17 Billion
World News

Dangote Says Kenya Refinery Will Cost as Much as $17 Billion

Dangote Says Kenya Refinery Will Cost as Much as $17 Billion
Bloomberg Markets Tuesday 07 July 2026, 12:39 UTC By Adelaide Changole, Anthony Osae-Brown 1 min read
Key Points

Aliko Dangote, president and chief executive officer of Dangote Group, at the Semafor World Economy Summit during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC, US, on Thursday, April 16, 2026. The International Monetary Fund downgraded its growth projection for the year after the war in the Middle East triggered a major oil shock and included the possibility of a downturn if the conflict drags on and energy infrastructure is severally damaged.

Aliko Dangote, president and chief executive officer of Dangote Group, at the Semafor World Economy Summit during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC, US, on Thursday, April 16, 2026. The International Monetary Fund downgraded its growth projection for the year after the war in the Middle East triggered a major oil shock and included the possibility of a downturn if the conflict drags on and energy infrastructure is severally damaged.
Kenya Refinery (ORG) Aliko Dangote (PERSON) Dangote Group (ORG) the Semafor World Economy Summit (ORG) the International Monetary Fund (ORG) World Bank Spring (ORG) Washington, DC (LOCATION) US (LOCATION) the Middle East (LOCATION)
Originally published by Bloomberg Markets Read original →

Related Stories

Britain's Farage says he resigns as MP to stand for re-election amid furore over gift worth millions

Britain's Farage says he resigns as MP to stand for re-election amid furore over gift worth millions Nigel Farage, the leader of populist party Reform UK, said on Tuesday he would resign as an MP then stand for re-election so that the public could decide whether he should be ousted from parliament over a scandal involving the alleged non-disclosure of gifts with millions of pounds. Farage said he had been thinking about resigning over the weekend due to the intense scrutiny he and his family...

France 24 6m ago

U.K. Live Updates: Farage Says He Will Resign as Lawmaker, Setting Off Special Election

Nigel Farage speaks to the news media at the Havering Town Hall after the results of the local elections in the London Borough of Havering, Britain, in May.

NYT World 6m ago

Nigel Farage says he's resigning as MP and will run in 'people vs. the establishment' by-election

"I've decided that the people of Clacton should be the judges of my actions," Farage said. "It's a chance to stick two fingers up to the entire establishment". Reform UK leader Nigel Farage says he is resigning as the Member of Parliament for Clacton and that he would run in the subsequent by-election, which he billed as a "people versus the establishment" vote.

Euronews 7m ago

Prince Harry loses privacy invasion lawsuit against Daily Mail publisher

Prince Harry’s final lawsuit aimed at taming the British tabloids ended in defeat on Tuesday as a judge found he failed to prove his privacy invasion claims against the publisher of the Daily Mail. Justice Matthew Nicklin rejected the broad inferences the Duke of Sussex had relied on to try to show that Associated Newspapers had engaged in unlawful activities. The judge said there was a realistic possibility the news came from legitimate sources.

South China Morning Post 8m ago