East Africa: Vivo Seeks to Increase Footprint in East Africa

Vivo Energy could control the regional oil retail market if the competition agencies in Kenya, Rwanda and Tanzania approve its plan to buy out Engen Oil's assets in the region and seven in other countries in Africa.

A week ago, through a notice to the Fair Competition Commission (FCC) of Tanzania, Vivo sought approval of the deal, which would give it a larger regional presence.

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