Economy
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
Share

Read the full story
Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by Business Insider Africa.
Read at Business Insider Africa →Original headline: “Tanzanian tycoon behind Bamburi Cement agrees to buy Oryx’s fuel business as East African empire expands”
- Local Markets