Tanzanian billionaire Rostam Aziz's Taifa Gas takes stake in Songo Songo as Orca Energy exits Tanzania

Billionaires Africa | 15.04.2026 07:18
Rostam Aziz, founder and chairman of Tanzania's Taifa Group, is expanding his energy footprint into natural gas after his company Taifa Gas Tanzania reached a definitive agreement on April 13 to acquire a 49 percent stake in PanAfrican Energy Corporation (PAEM), the Mauritian holding vehicle through which Canada's Orca Energy Group has operated the Songo Songo gas field since 2004.