Matooke Republic
Friday, July 4, 2025
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
Matooke Republic
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
No Result
View All Result
Matooke Republic
No Result
View All Result

Vivo Energy expands to nine new African markets

Matooke Republic by Matooke Republic
December 6, 2017
in Business
Reading Time: 2 mins read
Share on FacebookShare on Twitter

Vivo Energy, which operates Shell service stations in Uganda, is set to enter nine new African countries and add over 300 Engen-branded service stations to its network after it completes a share transaction with Engen Holdings. The transaction will take Vivo Energy’s total presence to over 2,100 service stations across 24 African markets.

The new markets for Vivo Energy included in the transaction are DR Congo, Zimbabwe, Réunion, Zambia, Gabon, Rwanda, Mozambique, Tanzania and Malawi.  The company said in a statement Engen’s Kenya operations (where Vivo Energy already operates) are also part of this transaction. The statement added that the transaction was subject to regulatory approval.

RELATED POSTS

OPINION: Realising Uganda’s Agricultural Renaissance Requires Strong Private Sector Participation

How dfcu Rising Woman finalist Diana Nabukenya Adeyemi turned a family livestock farm into Uganda’s fast-rising halal meat brand

Engen Holdings will retain its interest in Engen Petroleum Limited (the South Africa business and refinery) and Engen’s businesses in Mauritius, Botswana, Ghana, Namibia, Swaziland and Lesotho, which are not part of this transaction.

Commenting about the development, Vivo Energy Uganda Managing Director Gilbert Assi said, “This appetite for investment and growth is visible in Vivo Energy Uganda. Since we joined the Vivo Energy group in February 2013, we have added over 30 new stations to the Shell network and opened 10 new restaurants at our locations in Uganda. We have continued to deliver great results as the market share leader in retail since January 2014. It is our ambition to sustain this growth and continue to invest in our network.”

Related

Share2Tweet1Send
Matooke Republic

Matooke Republic

Freshly peeled info from area code 256

Related Posts

Chairperson Board of Directors at the Petroleum Authority Ms. Lynda Biribonwa.

Johnnie Walker to celebrate women in leadership with another She Walks event this Friday

by Matooke Republic
15 hours ago

...

Mable Ndaula, Executive Director, dfcu Foundation.

OPINION: Realising Uganda’s Agricultural Renaissance Requires Strong Private Sector Participation

by Matooke Republic
16 hours ago

...

Robert Kyagulanyi.

NUP launches probe into allegations of extortion and sexual harassment in exchange for party tickets

by Matooke Republic
19 hours ago

...

Uganda Cranes defender Elio Capradossi joins Romanian club

by Matooke Republic
22 hours ago

...

Dax Vibez.

Dax Vibez moves concert to UMA showgrounds after Hotel Africana pullout

by Matooke Republic
23 hours ago

...

Next Post

Rachel K back in the country, set to host Abryanz Style And Fashion Awards

Health minister in bad shape, to be airlifted to Kenya for treatment today

RECOMMENDED

Chairperson Board of Directors at the Petroleum Authority Ms. Lynda Biribonwa.

Johnnie Walker to celebrate women in leadership with another She Walks event this Friday

July 3, 2025
Mable Ndaula, Executive Director, dfcu Foundation.

OPINION: Realising Uganda’s Agricultural Renaissance Requires Strong Private Sector Participation

July 3, 2025
  • 643 Followers
  • 23.9k Followers

MOST VIEWED

  • Here is how to use NIRA’s new online portal to register or renew your national ID

    3777 shares
    Share 1511 Tweet 944
  • Dj Karo finally wins over Cedric Babu’s heart, introduction underway

    179 shares
    Share 72 Tweet 45
  • Kampala University proprietor Prof Kateregga’s wife rejects DNA results indicating one of three children is not his, demands fresh test in the United States

    90 shares
    Share 36 Tweet 23
  • DNA test confirms late MP Ssegirinya was father to only 4 of 9 children presented after his death

    84 shares
    Share 34 Tweet 21
  • Pastor Bugingo’s daughter Doreen Gift awarded scholarship to Arizona State University in the US

    59 shares
    Share 24 Tweet 15
Matooke Republic

Uganda's only free Newspaper. Out every Thursday. Freshly peeled info. kiwatule, Kampala, Uganda.

  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos

© Matooke Republic 2024

© Matooke Republic 2024

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.