The East Africa refinery race is officially on with a $56 billion three-way battleground.
1. π°πͺ Kenya: Dangote drops $16B for a 700k bpd mega-refinery in Lamu this October.
2. πΉπΏπΊπ¬ TZ & Uganda: Retaliating with a $20B Vitol regional energy hub in Tanga.
3. πͺπΉ Ethiopia: Not waiting around. Has already broken ground on the $2.5B Gode Refinery, backed by a massive $30B national infrastructure push.