Why KK (it's impressive network) is important for Puma/Trafigura. KK has figured out the logistics of moving fuel from Mombasa, Tanga & Dar all the way to Zambia.
KK is in Kenya, Uganda, Tanzania, Rwanda, Burundi, Zambia & Ethiopia.
It is in the top 3 in Kenya, Uganda, Rwanda & Burundi. It has 80 stations in Ethiopia. Recently (2011/12), it has built or acquired storage facilities in Uganda, Tanzania, Burundi & Zambia.
http://www.businessdaily...2/-/u6tvj1/-/index.html
Oil traders with Gulf operations based in Dubai are looking to sell into an
East African market now worth $15 billion a year to supply oil products to power emerging economies growing on the back of a rising population and robust mining activity.
Kuwait’s International Petroleum Group (IPG) has shipped fuel to ports dotted along the coast for more than a decade, fighting alongside
established suppliers like trader Trafigura and local companies like Gapco Kenya.
Apart from IPG and
Trafigura, which operates in Africa through its subsidiary Puma...
“Part of the
attraction of East Africa is that it opens up to the interior, into Zambia and Uganda. There’re lots of
companies interested in placing product into these markets if they can optimise the logistics,” Still said.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett