Hewatele to set up Sh2.8bn medical oxygen plant at Tatu City

Medical oxygen cylinders are arranged inside a truck at Hewatele in Nairobi on August 4, 2021.PHOTO | REUTERS

Kenyan medical oxygen producer Hewatele has secured $20 million (Sh2.8 billion) from multiple financiers to set up a production plant at the Tatu City special economic zone.

Tatu City said in a post on X that investment backers include the United States International Development Finance Corporation (DFC), Finnish development financier Finnfund, Soros Economic Development Fund (SEDF), UBS Optimus Foundation and Grand Challenges Canada.

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