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Tanzanian tycoon behind Bamburi Cement agrees to buy Oryx’s fuel business as East African empire expands

Tanzanian businessman Edha Nahdi’ s Amsons Group has agreed to acquire Oryx Energies’ downstream oil business in Tanzania, extending its interests in fuel distribution and infrastructure after its takeover of Kenya’s Bamburi Cement . The proposed transaction would place another established business under the control…

Business Insider AfricaBy Ayodeji Adegboyega
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Tanzanian tycoon behind Bamburi Cement agrees to buy Oryx’s fuel business as East African empire expands
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Original headline: “Tanzanian tycoon behind Bamburi Cement agrees to buy Oryx’s fuel business as East African empire expands”

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