22 Hrs
Source:
بوابة الوسط
First Energy Buys Total Assets in Ethiopia
The Libyan group "Awwal Energy Holding" announced its acquisition of the assets of the French company "Total Energies" in Ethiopia, including approximately 120 fuel distribution stations and a warehouse with a capacity of 13,000 cubic meters. This makes it the largest foreign company in the Ethiopian fuel distribution market. The agreement was signed in Paris in the presence of Libyan and French officials. This investment aims to strengthen Libyan-African economic relations and expand the company's presence in the region. "Awwal Energy" is a company specialized in fuel distribution, operating in 17 African countries, and is considered one of the largest Libyan companies in the sector.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)