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BUSINESSWTOP·6h ago

African heads of state break ground for $16B oil refinery project

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Five African heads of state led a groundbreaking ceremony for a $16 billion oil refinery project in East Africa, aiming to increase regional self-sufficiency in processing raw materials.

NAIROBI, Kenya (AP) — Five African heads of state led a ground breaking ceremony Wednesday on a $16-billion oil refinery project in East Africa, following calls for the continent to boost its self-sufficiency in processing raw materials into finished products. Kenya’s President William Ruto hosted his counterparts from Uganda, Ethiopia, Togo, Benin as well as...

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