Senegalese billionaire oil heir Moussa Diao leads $1 billion buyout of African fuel giant Oryx

Billionaires Africa | 12.10.2026 18:35
Moussa Diao, the Senegalese chief executive of Oryx Energies, has led a management buyout of the Swiss-based fuel distributor that values the company at about $1 billion, taking control of one of Africa's largest independent sellers of petrol, diesel and cooking gas.