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Nigerian energy tycoon Tope Shonubi’s Asharami Energy wins Kenya’s LPG deal

Summary by Billionaires.Africa
Key PointsAsharami Synergy secures a 31-year lease to build and operate a 30,000-tonne LPG facility in Mombasa, marking a strategic win in Kenya’s shifting energy landscape.KPC loses the project after investing $1.5 million, following government directives to prioritize private investment in energy logistics and infrastructure development.Shonubi’s entry disrupts regional competition, challenging Tanzanian and Kenyan players while extending Saha…
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Nigerian energy tycoon Tope Shonubi’s Asharami Energy wins Kenya’s LPG deal

Key PointsAsharami Synergy secures a 31-year lease to build and operate a 30,000-tonne LPG facility in Mombasa, marking a strategic win in Kenya’s shifting energy landscape.KPC loses the project after investing $1.5 million, following government directives to prioritize private investment in energy logistics and infrastructure development.Shonubi’s entry disrupts regional competition, challenging Tanzanian and Kenyan players while extending Saha…

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Billionaires.Africa broke the news in on Friday, April 4, 2025.
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