Kenya: hydrocarbons and favorable political imperatives

Summary: Despite the coming threat of ethno-political violence, Tullow Oil and crude oil-backed Kenyan securities are advantageously positioned amid favorable political imperatives in Kenya Analysis Although general elections in Kenya are not until 2022, this faraway date is not stopping the country’s political heavyweights from already forming alliances aimed at ensuring one of them succeeds second-term President Uhuru Kenyatta. Kenyatta, for his part, is looking to secure his legacy through advances in the Kenyan economy that safeguards the country as the region’s most dynamic. Some of the Kenyan president’s political allies may prefer that Kenyatta play more partisan politics and …

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