Dangote backs East Africa refinery plan, pressure now on Uganda’s facility

From left: Chairman and CEO of Dangote Group Al Haji Aliko Dangote,President of Uganda Yoweri Museveni, President William Ruto and President and CEO of Africa Finance Corporation Samaila Zubairu participating in a Prersidential Panel at the Africa We Build Summit at JW Marriot Hotel in Nairobi on April 23, 2026.

Photo credit: Evans Habil | Nation Media Group

Africa’s richest man was in Nairobi this week and made a big announcement that caught many off-guard and left officials scrambling for answers.

Aliko Dangote, appearing on a panel with the heads of state from Uganda and Kenya, as well as the Africa Finance Corporation chief, declared his plans to construct a refinery capable of producing 650,000 barrels-per-day in East Africa within five years or less.