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Ethiopia: Gomeju Oil Fuel Service Stations Expansion

The 2 fuel service stations are an addition to the existing 24 fuel service stations by the fuel company

A new entrant to fuel distribution, Gomeju Oil Ethiopia, has opened 2 new fuel service stations. With an initial capital of 53 million Birr, the company was established in 2014. A total of 24 fuel stations are at present operated by Gomejuall over Ethiopia, with a total investment of 700 million Birr.

YigzawMekonnen, general manager of the company said,” Penetrating the fuel market in Ethiopia is quite full of hardships hindering many interested investors from taking part in the market.” Source: Fortune PWKD18052017

Last modified onThursday, 18 May 2017 15:14
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