World Business Report

Kenya breaks ground on a major new oil refinery

September 30, 2026·8 min
Episode Description from the Publisher

The construction of a $16bn dollar oil refinery in Lamu, coastal Kenya is expected to create about 60,000 jobs and be completed within three years. It hopes to provide 1,000 megawatts of power generation, twice the capacity of his Lagos refinery, serving the needs of the Lamu refinery and beyond. It’s being backed by Africa’s richest man, the Nigerian billionaire oil tycoon Aliko Dangote. But the project is not without controversy. There have been clashes between police and protesters who say the land where the refinery is being built belongs to them.Also, President Trump is still deciding whether to ban diesel exports in a move which he sees as a way to reduce the rising price of diesel in the US.And why the tech billionaire and head of Meta Mark Zuckerberg has made a sizeable donation to Irish sport. Presenter: Leanna Byrne Snr Producer: Craig Henderson Editor: Naomi Rainey

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