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News
The legal procedure to realising Dangote oil refinery in Lamu
5+ day, 18+ hour ago (556+ words) Dangote Industries Limited, led by its Vice-President for Oil and Gas and ultimate beneficial owner, Aliko Dangote, has formally communicated a proposal to construct a greenfield 700,000 bpd petroleum refinery on Lamu Island, Lamu County. Preliminary site selection, geotechnical soil testing,…...
Standard Bank eyes bigger East Africa business
1+ week, 4+ day ago (426+ words) People walk past a branch of Standard Bank in Cape Town, South Africa on August 14, 2026. Standard Bank Group aims to firm its business grip in East Africa, taking on its South African rivals including Absa Group and Nedbank Group. Standard…...
Vivo Energy leads Sh279bn tax windfall from oil firms
3+ week, 2+ day ago (569+ words) A Shell petrol station. Vivo Energy, the seller of Shell-branded petroleum products locally, accounted for nearly a quarter of the Sh278.6 billion in taxes and levies that oil marketers paid in the 10 months to April 2026. Vivo Energy accounted for nearly a…...
East Africa’s next chapter depends on mutual investment, not access
3+ week, 4+ day ago (404+ words) American Chamber of Commerce Kenya Over the years, I have built, deepened and deployed capital while working to strengthen confidence in our markets. That experience has given me a clear view of what mutual prosperity through trade and investment can…...