Thursday, 22 October 2026
Business

Dangote’s Kenya refinery to generate 1,000MW, double Lagos plant

Aliko Dangote’s Net Worth Hits $51 Billion After Refinery IPO Launch

Dangote Group’s planned refinery in Lamu, Kenya, is expected to generate about 1,000 megawatts of electricity, twice the power-generation capacity of its refinery in Lagos.

President Aliko Dangote disclosed this on Friday, September 25, 2026, while hosting Kenyan President William Ruto during his tour of the Dangote Petroleum Refinery in Lagos. Ruto’s visit came ahead of the planned groundbreaking of the Dangote-backed East Africa Oil Refinery in Lamu on Wednesday, September 30, 2026. The planned refinery will have a crude-processing capacity of 700,000 barrels per day.

The power plant planned for the Lamu refinery will have about 1,000MW of generating capacity. Dangote said the project will generate power beyond the refinery’s own requirements, with 500 megawatts expected to be supplied to the Kenyan government.

“So, what we are going to have, you will see our power plant, which is very big. But all of Lamu will actually be doubled, because we are going to produce about 1,000 megawatts of power at Lamu from this petcoke,” Dangote said. “And we will have 500 megawatts to sell to the government of Kenya.”

Kanyi Daily reports that Dangote said the planned power generation is part of the group’s broader expansion across Africa. The group spent about $50 billion on capital expenditure between 2020 and 2025 and plans to invest twice that amount over the next five years as it expands its industrial footprint.

Kenya has scheduled the project’s groundbreaking for September 30, with President Ruto expected to lead the ceremony. Dangote Group appointed Engineers India Limited (EIL) under a contract worth more than $450 million to provide project management consultancy and engineering, procurement and construction management services for the refinery and petrochemical complex.

Dangote Group reported about $17 billion in revenue in the first half of 2026 and said it is on course to reach $36 billion for the full year, compared with $18 billion recorded in 2025. The group is expanding the Dangote Petroleum Refinery in Lagos, with plans to increase its crude-processing capacity from about 700,000 barrels per day to 1.4 million barrels per day through the addition of a new 750,000-barrels-per-day crude distillation unit. The Lagos expansion is expected to be completed by 2028, while the refinery has separately indicated a target of reaching 1.4 million barrels per day by 2029.

Nigeria’s seaborne refined petroleum exports to Europe averaged 130,000 barrels per day in the second quarter of 2026, up from 15,000 barrels per day in 2023, according to the U.S. Energy Information Administration. The increase has coincided with the ramp-up of Dangote Refinery’s operations, with the Lagos facility exporting refined products to markets in Africa and Europe.

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