Kenyan tycoon Mohammed Jaffer's One Petroleum imported fuel at 3x govt rate during Iran crisis
Billionaires Africa | 02.04.2026 15:37
When Iran's attacks on oil facilities in the Gulf closed the Strait of Hormuz in early March, Kenya's government faced a scramble to replace a cargo of petrol stuck at the Port of Jebel Ali in Dubai. The solution it chose created a billion-shilling opportunity for one of Mombasa's most politically connected businessmen.