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Namibia: Nasan Energies finalising strategic divestiture acquisition – News

Namibia: Nasan Energies finalising strategic divestiture acquisition – News

Africa Links 24 with Chelva Wells
Published on 2026-03-18 07:14:49

Nasan Energies is entering the final stages of acquiring 52 business units, a move that will position the firm to become one of Namibia’s first major locally owned oil marketing companies.

The company engaged with the public regarding its purchase of the divestiture business from Vivo Energy and Engen Namibia during a stakeholder conference held in Windhoek on Tuesday.

The transaction stems from a 2023 regulatory mandate requiring Vivo Energy to sell a portion of its retail assets…

Read the Full article on The Namibian

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