Kenya Sprints Ahead Of Uganda With $3b London Oil Finance Contract
Kenya has endorsed an agreement with oil multinationals that is expected to draw up to Ksh308.4 billion ($3 billion) financing for expansion of its Turkana petroleum deposits, potentially placing the country ahead of Uganda in the race to the market.
Kenyan petroleum ministries were in London to finalize an information memorandum that will be marketed to global financiers who are eager on putting money in the Turkana oil.... Read more »
Posted on : Wednesday , 16th October 2019