Day: October 9, 2026

The moment has arrived. After months of speculation, Oryx Energies — the Swiss hydrocarbons trader that has become a fixture of Africa’s downstream energy landscape — has passed into new ownership in a deal valued at close to one billion dollars. This is not a routine change of shareholders. It is a decisive shift that signals how seriously global capital now views African fuel storage, distribution and retail networks, and it could set the pace for the next wave of energy infrastructure investment across the continent. Why this deal marks…