The potential acquisition would give Kiva Spirits an established spirits portfolio, production assets and distribution network as Varun Beverages expands into alcoholic beverages.
Lamu Port serves as the refinery’s logistics anchor, providing the maritime gateway for crude oil imports and refined product exports.
The projects could help build a more integrated rail network around the region’s main ports and economic hubs.
The Chinese coffee chain is reviewing potential Gulf markets as it expands internationally following its latest investment from Abu Dhabi sovereign wealth fund Mubadala.
The financing targets agricultural businesses and exporters with limited access to medium- and long-term funding, BII says.