Uhuru flags off first 200,000 barrels of crude oil from Kenya
The Star, Kenya
UK-based Chinese company, ChemChina, bought the first batch at Sh1.2 billion.
Today Kenya officially joined the ranks of oil exporters. Oil's impact in other oil-rich countries has been largely negative, on aggregate (e.g. increased corruption, weakened economic diversity, strengthened autocrats). Can Kenya be an exception?