The acquisition expands Guala Closures’ manufacturing and distribution footprint across Kenya, Tanzania and Burundi, strengthening its presence in East Africa’s beverage packaging market.
The Nigerian agribusiness group increased cocoa processing and highlighted its export exposure, working-capital cycle and commercial paper programme during an investor facility tour.
Under the framework, the Port of Mombasa is expected to handle three oil tankers carrying petroleum products for Rwanda each month.
Managing Director Capt. William Ruto welcomed the new service, saying it affirms the Port of Mombasa’s growing reputation as a regional hub.
Lamu Port serves as the refinery’s logistics anchor, providing the maritime gateway for crude oil imports and refined product exports.