Nasan Energies has completed the acquisition of 52 Engen and Shell-branded fuel stations in Namibia in a landmark US$50 million transaction. The deal positions the Namibian-owned company as the country’s third-largest oil marketing company and highlights the growing role of indigenous African businesses in energy ownership, fuel retail and economic transformation. Led by entrepreneur Miguel Hamutenya, Nasan Energies aims to strengthen Namibia’s energy security, expand fuel retail operations and become a leading African energy company.
