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Originally published by Nation Business
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business
October 23, 2024
11mo ago

Malawi, Zambia now eye Kenya fuel import model

Malawi, Zambia now eye Kenya fuel import model

The countries have expressed interest in the G-to-G deal currently in use in Kenya...

✨ Key Highlights

Malawi and Zambia are exploring a new fuel import model used by Kenya to address ongoing fuel shortages in their nations.

  • Malawi and Zambia are in talks to replicate Kenya's direct procurement system with Gulf producers, which had reduced fuel costs by an estimated $500 million monthly.
  • Opiyo Wandayi, Energy Cabinet Secretary, is leading a Kenyan technical team to assist Malawian officials in structuring a similar government-to-government (G-to-G) arrangement.
  • The fuel shortages in both countries have led to skyrocketing prices and are exacerbated by a lack of dollars for imports and freight inefficiencies.

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