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Vol 49 No 15

Published 18th July 2008


Kenya

The Colonel's shopping spree

Libyan investment in Kenya has grown over the past three years from almost nothing to an estimated tens of billions of Kenya shillings. The Libyans are now on a shopping spree, with the recent acquisition of a half share in the Kenya Petroleum Refinery Company Ltd., plans for a $300 mn. upgrade of the Mombasa refinery and the promised construction of a $60 mn. liquified gas plant.

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