Clôturée le 27 octobre, l’offre de 4,1 milliards d’actions entre dans sa phase de vérification et d’allocation. La cotation et les remboursements restent soumis aux validations prévues.
Kampala targets first commercial oil in 2027 and a refinery investment decision that year, as the EACOP pipeline approaches completion.
The Lamu refinery project carries an ambition for regional transformation. For James Mwangi, delivery could test Africa’s ability to undertake complex industrial infrastructure.
Crude oil extracted from underground is not directly suitable for most uses. In a refinery, it is separated into fractions, converted to better meet demand and then treated to comply with market specifications. Fuels, domestic gas, bitumen and petrochemical feedstocks come from this industrial chain. In Africa, developing local capacity can reduce some imports, provided supply, markets and plant profitability are secured.
Kenya plans to open the future Lamu refinery’s capital to local investors. Dangote’s project, estimated at $15–16 billion, remains exposed to land and financial risks.
The Dangote refinery IPO tests the Nigerian market’s ability to finance industry. Enthusiasm must be distinguished from funds actually raised.
The Verga Industrial Park, managed by State Power Investment Corporation, hosted the official launch of construction work on an alumina refinery in Guinea…
Ghana’s Tema Oil Refinery, a longstanding pillar of the energy sector, faces major challenges in returning to optimal production capacity…
During discussions with financial and technical partners at Côte d’Ivoire’s embassy in Washington, the mines, petroleum and energy minister discussed a possible new refinery…
Announced in late 2022, the start-up of the Atlantic petrochemical refinery, under construction in Fouta near Pointe-Noire, is now expected before the end of the year…
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