Kenya’s tycoon Jaffer in 20-year port lease extension amid business ownership shifts

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Kenyan tycoon Mohamed Jaffer secured a 20-year lease extension on the Port of Mombasa despite legal battles and parliamentary scrutiny. His empire maintains dominance in grain handling through multiple political regimes, emphasizing lasting business influence in the region.

Despite years of intense legal battles and parliamentary scrutiny, tycoon Mohamed Jaffer has secured an early 20-year lease extension at the Port of Mombasa, cementing his empire’s decades-long dominance in grain handling across multiple political regimes.