Tanzanian billionaire Rostam Aziz cleared to build $124 million Mombasa LPG terminal
Kenya clears Rostam Aziz’s $124 million LPG terminal, paving the way for construction and new competition in Mombasa’s energy market.
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Kenya clears Rostam Aziz’s $124 million LPG terminal, paving the way for construction and new competition in Mombasa’s energy market.
Rostam Aziz fights suspension of $130 million gas plant in Mombasa as Taifa Gas pushes East Africa expansion.
A Kenyan court has kept a freeze on Rostam Aziz’s Taifa Gas project, stalling the billionaire’s bid to transform East Africa’s LPG market.
Rostam Aziz urges Tanzania to prioritize local investors over foreign capital to strengthen economic self-reliance and build domestic industrial capacity.
Kenyan court clears Tanzanian billionaire Rostam Aziz’s $130.5 million LPG terminal project, opening the way for expanded energy access in East Africa.
Rostam Aziz calls for $100 million youth talent fund and education reforms as he expands Taifa Gas with a $1.9 billion facility in Kenya.
Rostam Aziz’s Mombasa LPG project faces court challenge over alleged environmental harm, coral disruption, and lack of community consultation.
Aziz, 59, was the first Tanzanian to boast of a billion-dollar fortune according to Forbes.
The project, presently underway within the Dongo Kundu Special Economic Zone, signals a significant milestone for Taifa Gas as it expands its operations beyond Tanzania.
This strategic move further extends Aziz’s business interests across Southern Africa.
Aziz, made history in 2013 when Forbes recognized him as the first Tanzanian to achieve a billion-dollar fortune.
Aziz issued an apology to Tanzania’s judiciary on Monday after making remarks on June 26 that raised doubts about the independence of the country’s judiciary.
In collaboration with Delta Marimba, Aziz’s Taifa Gas will establish Zambia’s first LPG plant in the northern part of the country.
Aziz, one of Tanzania’s wealthiest men, has tentacles in telecoms, aviation, mining, real estate, and port management.
Thirteen firms are vying for licenses to build berths for handling gas imports in Kenya, two months after Aziz was granted a license.
Aziz is one of the richest businessmen in East Africa.