Amsons Group to Acquire Oryx Fuel Stations, Storage Terminals and Distribution Infrastructure in Tanzania

Tanzania’s Amsons Group has signed an agreement to acquire the Oryx downstream oil business in Tanzania, taking over retail service stations, storage terminals, and distribution infrastructure from Geneva-based Oryx Energies.

Oryx Energies and Amsons Group announced the agreement on 16 October 2026, with Oryx stating that the sale forms part of its ongoing strategic review of its portfolio of downstream assets in Africa.

Completion of the transaction is subject to the necessary regulatory approvals and other customary conditions, and Oryx Energies will continue its activities in Tanzania as usual in the meantime.

The release does not disclose the purchase price, the number of service stations, or the storage capacity involved in the transaction.

The Chief Executive Officer of Oryx Energies, Moussa Diao, described Amsons Group as a Tanzanian business with strong roots in the country and a clear ambition for growth.

Diao added that Oryx Energies believes Amsons Group is well placed to take the business into its next chapter, creating new opportunities for its employees, customers, and partners.

He explained that the transaction is an important step in the evolution of the company’s strategy, as it seeks to focus its capital and efforts on developing energy infrastructure across Africa and strengthening its trading activities.

The Group Managing Director of Amsons Group, Edha Nahdi, said the deal “marks a transformative step in our strategic vision to expand Amsons Group’s footprint in energy and logistics.”

Nahdi noted that integrating the Oryx distribution network and storage capabilities will allow Amsons Group to strengthen domestic fuel security and anchor Tanzania as a vital regional logistics hub for East and Central Africa.

Oryx Energies in Tanzania

Oryx Energies has been present in Tanzania since 1999, when it acquired the assets of Agip in the country, and it operates through Oryx Energies Tanzania for fuels and lubricants, Oryx Gas Tanzania for liquefied petroleum gas (LPG), and the Tanzania International Petroleum Reserves Limited (TIPER), a 50/50 joint venture with the Government of Tanzania.

Oryx also operates in Zanzibar, where Oryx Gas Zanzibar runs the first LPG terminal at Mangapwani Port, with a storage capacity of 1,300 tonnes, inaugurated on 27 June 2024.

Amsons Group lists Camel Oil, Cam Gas, Camel Lubricants, and Kalahari Petroleum among its energy brands, alongside cement brands that include Bamburi, Camel Cement, and Mbeya Cement.

The group operates in Tanzania, Mozambique, Kenya, the Democratic Republic of Congo, and Zambia.

In Tanzania, Amsons Group owns 65% of Mbeya Cement and agreed with the government on a USD 320 million plan to expand the Mbeya plant and build a new cement plant in Tanga.