Dangote Group President and Chief Executive Officer Aliko Dangote is planning a $1.5 billion upgrade to Kenya Pipeline Company’s network, framing it as part of broader African fuel distribution, the Financial Times reported.
At the FT’s Oct. 21 Africa Summit interview in London, Dangote said his group had bought 25% of the Kenyan operator. The Nairobi Securities Exchange’s Oct. 19 daily-trades disclosure listed a transfer of 4.5 billion shares valued at KSh 42.5 billion, equal to 24.76% of the company. Kenya offered 65% of Kenya Pipeline through a 2026 initial public offering. A Kenyan parliamentary committee report says the operator has 1,342 kilometers of pipeline infrastructure.
Ethiopia’s Prime Minister’s Office announced a partnership between Ethiopian Investment Holdings and Dangote Group for a refined-products pipeline linking Damerjog, Djibouti, with Dewele, Ethiopia. The plan includes storage terminals at both ends. The office said the project aims to cut logistics costs and delays and strengthen energy security.
Djibouti Ports and Free Zones Authority said a groundbreaking ceremony for Dangote’s planned Damerjog storage terminal took place Oct. 19. The facility is designed to store 375,000 cubic meters and handle five million tonnes a year, with connections to port, rail and pipeline infrastructure.
Kenya’s proposed Lamu refinery adds another major project to the group’s regional plans. The Special Economic Zones Authority values it at KSh 2.2 trillion ($16 billion), with planned capacity of 700,000 barrels per day. Kenya’s Ministry of Defence says the refinery is intended to supply Kenya and the wider East African market.
Dangote also told the FT that a project in Cameroon was nearing completion and that Namibia could offer a route into southern African markets. The FT report gave no timetable for the Kenya Pipeline network expansion.
