08.03.16. The energy firm, which says it is the fastest growing independent fuel distribution company in Africa, will attend the 26th World Economic Forum on Africa meeting in Kigali, Rwanda in May 2016.
Under the theme ‘Connecting Africa’s Resources through Digital Transformation’, the meeting will convene regional and global leaders from business, government and civil society to discuss digital economy catalysts that can drive radical structural transformation, strengthen public-private collaboration on key global and regional challenges, and agree on strategic actions that can deliver shared prosperity across the continent.
Puma Energy’s CEO Pierre Eladari, said: “Puma Energy is delighted to be joining the Forum. We are committed to improving infrastructure and security of supply in the countries we service. We look forward to participating in the Forum’s focus debates on ‘Africa Skills’ as well as its platform on ‘Africa’s Strategic Infrastructure Initiative’.”
The move follows the firm’s recently announced expansion into the South African market. This expansion includes a storage depot at Richards Bay, north of Durban, with an intended capacity is 46,000 cbm. This adds to the 110,000 cbm Matola Storage Terminal in neighbouring Mozambique which Puma opened last year.
Puma Energy has invested close to US$2 billion in Africa and last year alone added 350 million cbm of storage capacity to the 726 million cbm it already had in the region
8th March 2016
