Tanzanian tycoon Ally Edha Awadh hit by regulatory hurdle in Kilifi LPG project

Tanzanian tycoon Ally Edha Awadh hit by regulatory hurdle in Kilifi LPG project

Key PointsTanzania’s Ally Edha Awadh faces a setback as Kenya’s tribunal revokes an environmental permit for his firm’s Kilifi import terminal project.Kenya’s tribunal cites procedural failures and fines Lake Oil Ksh2 million ($0.155 million) for defying a halt order on its LPG terminal.Despite its billion-dollar regional dominance, Lake Oil’s push into Kenya’s LPG market now faces uncertainty amid tightening regulatory scrutiny.Tanzanian tycoon…