Kenyan tycoon Peter Munga in $30 billion coal dispute with Chinese investors
Billionaires Africa | 18.11.2025 22:30
A company linked to Kenyan businessmen Peter Munga and George Kariithi is locked in a deepening dispute with Chinese investors from Fenxi Mining Industry Co. Ltd over rights to coal blocks C and D in Kitui’s Mui Basin. The deposits are valued at Ksh3.9 trillion ($30 billion), making the stakes unusually high for both sides.
