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AfDB withdraws multimillion-dollar funding after Kenya’s Moi family buys back stake in power plant
The Moi family is said to be Kenya’s second-largest landowner.
The Moi family is said to be Kenya’s second-largest landowner.
The lucrative deal is part of efforts to retrieve some of the family’s assets.
The family of the late Kenyan President Daniel arap Moi will pocket $380,000 in dividends from Standard Chartered Bank.