Absa Bank Kenya and Vivo Energy Kenya have launched a new financing partnership aimed at expanding the retail network of Shell service stations across the country.

• The partnership offers long-term financing covering advance rent and construction costs for new service stations.
• Key figures include Absa Bank Kenya Business Banking Director Renato D’souza and Vivo Energy Kenya Managing Director Mr. Peter Murungi.
• This initiative, funded through a tripartite agreement, will help dealers preserve working capital for daily operations, with repayments linked to petroleum product sales margins.