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Africa’s largest bank to finance Centum’s Ksh 200 billion Amu Coal Power plant

Africa’s largest bank to finance Centum’s Ksh 200 billion Amu Coal Power plant

    Standard Bank – Africa’s largest bank by assets together with Industrial & Commercial Bank of China Ltd (ICBC)  will finance a KSh200 billion($2Bn) towards Centum’s Amu Coal Power plant based in Lamu-Kenya. “Standard Bank and ICBC have concluded debt financing agreements with a consortium of

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Investing Africa’s largest bank to finance Centum’s Ksh 200billion Amu Coal Power plant

Investing Africa’s largest bank to finance Centum’s Ksh 200billion Amu Coal Power plant

Source: Kenyan WallStreet Standard Bank – Africa’s largest bank by assets together with Industrial & Commercial Bank of China Ltd (ICBC)  will finance a KSh200 billion($2Bn) towards Centum’s Amu Coal Power plant based in Lamu-Kenya. “Standard Bank and ICBC have concluded debt financing agreements with a consortium

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Land commission repossesses 869 acres to pave way for delayed Lamu coal plant

Land commission repossesses 869 acres to pave way for delayed Lamu coal plant

Source: Business Daily Africa The National Land Commission (NLC) has started the takeover of 869 acres of public land from squatters and private investors, clearing a major hurdle that has delayed building of Kenya’s first coal-fired power plant in Lamu. The construction of the 981.5-megawatt