Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Dangote Says Kenya Refinery Will Be Listed in Nairobi
Business & Finance

Dangote Says Kenya Refinery Will Be Listed in Nairobi

Bloomberg Markets Tuesday 29 September 2026, 12:02 UTC 1 min read
Key Points

African billionaire Aliko Dangote said shares in a Kenya refinery that he’s building will trade on the country's stock exchange. Breaking ground on the $16 billion project is planned for Wednesday, but a Kenyan court ordered it be paused after a group of petitioners filed a case opposing the project. Dangote was speaking at an investors’ event in Nairobi on Tuesday.

African billionaire Aliko Dangote said shares in a Kenya refinery that he’s building will trade on the country's stock exchange. Breaking ground on the $16 billion project is planned for Wednesday, but a Kenyan court ordered it be paused after a group of petitioners filed a case opposing the project. Dangote was speaking at an investors’ event in Nairobi on Tuesday. (Source: Bloomberg)
Kenya Refinery (ORG) Nairobi (LOCATION) African (ORG) Aliko Dangote (PERSON) Kenya (LOCATION) Kenyan (ORG) Bloomberg (PERSON)
Originally published by Bloomberg Markets Read original →

Related Stories

Breaking down CFP and Heisman odds: Where do Baugh and Florida stack up?

Four weeks into the college football season, every big Saturday seems to rewrite the Heisman race and the national title picture. Some moves are earned, while others are the market falling in love with a final score. I dug into the production, the opponents and the schedules ahead to see which reactions hold up.

ESPN just now

House Speaker Johnson says he hopes AI guardrails are 'voluntary' amid Congress inaction

House Speaker Mike Johnson, R-La., who is joining a meeting of artificial intelligence officials in Washington later Tuesday, said on CNBC's "Squawk Box" that he favors "striking the right balance" with the technology and hopes guardrails will be "voluntary." "I hope it's voluntary," Johnson told CNBC Tuesday before meeting with the executives and President Donald Trump. "We'll find out what comes out of the meeting today.

CNBC 15m ago

Russia’s Oil Export Windfall Eroded by Ban on Diesel Shipments

Diesel exports curbs undermine impact of rising crude shipments, soaring prices 

Bloomberg Markets 16m ago

Battery gold rush: How energy is creating a new market in Italy

From plans on paper to batteries up and running: how the energy market is being reshaped and energy storage is becoming ever more valuable Household electricity bills remain high, yet on the wholesale market some players can even be paid to consume energy. It is one of the paradoxes created by the growth of renewables: sun and wind generate when they can, not when the grid needs them, and at times of oversupply prices can turn negative. That is why the system needs huge batteries, BESS...

Euronews 21m ago