Firm gets Sh2.5bn loan to build gas hub in Mombasa



Nation | by Brian Ngugi


World Bank’s private lending arm has loaned Mombasa Gas Terminal Limited (MGT) Sh2.5 billion to construct a liquefied petroleum gas terminal in the port of Mombasa.

The funding was announced by the International Finance Corporation on June 2 and comes after the company secured regulatory approvals from the national and county governments to begin construction…

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