Deal flurry, cheaper money and fresh capital injections jolt Kenyan markets into Q2 Nairobi, 16 April 2025 — Kenya’s business week roared to life with a string of high‑octane moves that spanned oil, banking, fintech and infrastructure, signalling that the second quarter will be anything but quiet. Energy set the early tempo after London‑listed Tullow Oil struck a US $120 million exit deal with Gulf Energy Ltd, offloading its entire Kenyan portfolio—including the long‑stalled Lokichar project—while keeping a cost‑free 30 percent stake if the development finally lifts off. The cash helps Tullow chip away at a US $1.5 billion debt mountain and highlight.......
This Article is Locked!
Experience exclusive content for free! We’re unlocking all features for new members, but this access won’t last forever. Don’t miss your chance—secure your spot now!