Kenya’s proposed Dangote refinery is rapidly evolving from an energy headline into a major real estate development catalyst. President William Ruto recently announced a KSh7.5 billion commitment to construct 3,000 housing units in Lamu County to accommodate the expanding workforce expected as the refinery project takes shape. For Kenya's property market, this development provides a concrete case study...
Kenya’s real estate market could be heading for a major transformation following the groundbreaking of the Dangote East Africa Petroleum Refinery in Lamu County. The proposed US$16 billion, or roughly KSh 2 trillion, investment is designed to process 700,000 barrels of crude oil daily and will include petrochemical facilities and a power plant. If construction and supporting infrastructure proceed...
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