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Spotlight | Africa
Swiss trader Oryx Energies on the verge of changing hands

Reading time 4 minutes
An Oryx petrol station in Mwanza, Tanzania.
An Oryx petrol station in Mwanza, Tanzania. © MJ Photography/Alamy

Already CEO, Moussa Diao is seeking to take control of the hydrocarbon giant in Africa, founded by billionaire Jean-Claude Gandur. This major acquisition is taking place in the context of rising fuel prices resulting from the conflict in the Middle East, a situation the continent is struggling to cope with.

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