Oil consortium seeks to raise Sh310b from Nairobi bourse

Kenya is edging closer to a final investment decision (FID) of Turkana oil amidst indications firms involved in the project plan to raise $3 billion (Sh310 billion) at the Nairobi Securities Exchange (NSE) to kick-start construction of the 820-kilometre Lokichar to Lamu pipeline. The FID, which is the final go-ahead, is expected by mid next […]