Vivo Energy's revenues in the Kenyan market dipped by $84 Million in the year ended December 2024. Vivo is the retailer of Shell-branded fuels in several African countries.
This was the second successive year of revenue drop from the $1,79 Billion made in 2022 and points to the impact of increased competition from rivals and a near stagnant demand for retail fuel in the economy.
Full story Vivo Energy’s revenues in Kenya drop for second consecutive year - Business Daily
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