First reported by Zawya
Dangote unveils plans to build 700,000 bpd Refinery in Kenya
Dangote to Finance 700,000bpd Kenya Refinery With IPO, Bonds
6h agoen
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allafrica.comDangote to Finance 700,000bpd Kenya Refinery With IPO, Bondsallafrica.com[Leadership] Dangote Group, has unveiled plans to finance the construction of a proposed 700,000 barrels-per-day (bpd) oil refinery in Kenya through a combination of internally generated cash, bond issuance and proceeds from a planned Initial Public Offering (IPO), as it deepens its footprint in Africa's downstream oil sector.
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