KENYA ready to host $20B EastAfrica Refinery if TZ Suluhu is NOT interested,RUTO tells Aliko DANGOTE

追加: 2026-05-14

[00:00:01]As we work with the private sector, we want the private sector to develop confidence. We now have an opportunity, and I want to talk to the private sector private sector people who are sitting here. I hope um my good friend Aliko Dangote is in the room.

[00:00:19]Oh, right there.

[00:00:21]We have an infrastructure project for the development of an East African refinery.

[00:00:30]Dangote tells me that it's going to cost anywhere between 16 billion dollars and 20 billion dollars.

[00:00:40]That East African facility, East African refinery facility, is an investment that the government of Kenya, the government of Uganda, the government of Tanzania, we have agreed that we want to develop a facility that is going to um assist us with our fuel products.

[00:01:08]We do not want to be held hostage anymore by the Strait of Hormuz.

[00:01:14]We do not want to be held hostage by wars that are started by other people.

[00:01:19]We have our own resources here, and we are saying we are going to use our African resources to industrialize our region.

[00:01:31]>> [applause] >> And that is why we have asked Aliko Dangote here to do a research. We have the port of Tanga, we have the port of Mombasa, we have the port of Lamu, and the rest in between.

[00:01:45]Wherever they will find the most suitable location, from our perspective, because the crude pipeline was going to Tanga, we thought that is the best location, but we will not dictate to Aliko Dangote and the investors.

[00:02:02]But I want to also tell Aliko and all the other guys, you are not going to invest alone.

[00:02:08]Governments are also going to invest so that when you make the money, we also make the money.

[00:02:15]Right?

[00:02:16]And we are going to invest so that we can de-risk that investment. I am going to use resources from my national infrastructure fund to invest in the refinery so that we can share in the profits that come and we can assist our private sector to de-risk the investments they are going to put in these projects and make those projects viable and make them cost-effective.

[00:02:42]Let me give you another opportunity. We are building a new airport in Nairobi. It's going to cost us between about around 1.5 billion dollars.

[00:02:53]There is an opportunity for investment.

[00:02:55]Are there any business people in this room?

[00:02:58]Or or these are tourists?

[00:03:01]They are right here. Yes, I can see them here.

[00:03:05]So, there is an opportunity for you to invest with us. Government of Kenya is going to put in 20% bring the rest of the money, let's build the airport and everybody makes money, right?

[00:03:15]So, this is how we want to take things forward. That is how we are going to build public infrastructure. That is how we are going to use private public partnership to drive African transformation and that is what we are going to do going forward.