Kenya’s tycoon Jaffer in 20-year port lease extension amid business ownership shifts

Despite years of intense legal battles and parliamentary scrutiny, tycoon Mohamed Jaffer has secured an early 20-year lease extension at the Port of Mombasa, cementing his empire’s decades-long dominance in grain handling across multiple political regimes.

Kenya’s tycoon Jaffer in 20-year port lease extension amid business ownership shifts
Despite years of intense legal battles and parliamentary scrutiny, tycoon Mohamed Jaffer has secured an early 20-year lease extension at the Port of Mombasa, cementing his empire’s decades-long dominance in grain handling across multiple political regimes.