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PSA Is Said to Consider Selling Stake in Mumbai Port Operations

PSA International is considering selling a minority stake in its container terminal operations in Jawaharlal Nehru Port in Mumbai, according to people familiar with the matter.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Absa to fund new Shell service station in Vivo Energy deal

Vivo Energy Kenya Managing Director Peter Murungi said the partnership would support dealers and investors looking to expand their businesses under the Shell brand.

  • Absa Bank Kenya partners with Vivo Energy Kenya for Shell service station financing.
  • Absa provides long-term funding for advance rent and construction of new stations.
  • Repayment based on petroleum product sales margins.

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