Written by Michael Omondi of The Business Daily Africa"A Kenol petrol stationJuly 23, 2008: Kenol/Kobil has made another acquisition in the Rwandan market as it races to diversify its earnings away from the Kenyan market.
The oil marketer, through is subsidiary Kobil Rwanda, yesterday announced its buyout of STIPPAG from the Rwandese tycoon Gahunde Jean Mafutamingi for an undisclosed fee.
The deal will strengthen the oil marketer’s presence in Rwanda and give it a foothold to enter the lucrative but untapped Great lakes markets of DR Congo, Burundi and Northern Tanzania."
Complete story for you to enjoy at "Kenol/Kobil expansion in high gear"
Category: Rwanda + Investment + Energy + Economy
No comments:
Post a Comment