East African nations are advancing plans for a joint oil refinery with a capacity of 650,000 barrels per day, with Nigerian industrialist Aliko Dangote positioned as the likely builder.

The project, modeled on Dangote’s existing mega-refinery in Nigeria, has shifted focus toward Kenya’s Mombasa port over Tanzania’s Tanga, signaling a strategic pivot in regional infrastructure development.

The development underscores growing appetite for integrated refining capacity in East Africa, where fuel imports currently dominate supply chains.

A facility of this scale would significantly reduce reliance on external sources and potentially alter regional trade flows for diesel and gasoline.

Markets are watching for early signals on financing structures and government commitments, which will determine the project’s timeline and viability.

Dangote’s involvement carries weight given the operational success of his Nigerian refinery, which has become a benchmark for large-scale refining in Africa.