BANK BANK BANK
R W AN D A
RWANDA Licensee
Vivo Energy Rwanda, Engen Licensee celebrates one year anniversary
T
he anniversary celebrated at Lemigo Hotel on Friday 6th March 2020 was preceded by a retailer’s conference organized annually to review previous year’s achievements, discuss challenges, the way of mitigating them and give a snapshot to the current year’s plan. The Managing Director of Vivo Energy Rwanda, Engen Licensee, Ms Sarah Doukoure Bebey who presided over the celebrations organized under the theme ‘Change For Future Growth’ urged retailers to work hard to maintain achievements.
Later in the evening, the company’s quality marshals, retailers and oil specialists joined top management for a toast as they gathered for one year anniversary celebration. E,loipji
....................................................................................................
Vivo Energy Rwanda, Engen Licensee has celebrated one year anniversary since the company acquired Engen Rwanda. Vivo Energy Rwanda, Engen Licensee has petrol 23 stations around the country directly managed by the company or retailers.
the company’s growth and encouraged the team to strive for the company’s success. “Today is a milestone as we celebrate 2019 achievements and assess together ways for future growth. This company has evolved over the years. We have built up a great company despite the challenges we faced. We have built up from challenges to make a great company today. I want all of us to celebrate this milestone and change for future growth,” she said. Newly appointed quality marshals and oil specialists were introduced and welcomed during the anniversary celebration. Outstanding employees in different categories were also awarded.
Engen commenced operations in Rwanda in November 2008, acquiring the assets of TOTAL and thus becoming one of the market leaders in the Rwandan petroleum business. This acquisition complemented Engen footprint in the region with existing interests in neighboring countries; Tanzania, Kenya, Burundi and the Democratic Republic of Congo.
company’s progress with strong innovations that enabled it to generate and customers and marking the start of new momentum rooting on existing achievements for further growth. On March 4th 2019, Vivo Energy has completed the transaction with Engen Holdings which has added operations in eight new countries and
Excellent performers were awarded during Vivo Energy Engen Licensee one year celebrations
230 Engen-branded service stations to Vivo Energy’s network, taking its total presence to over 2,000 service stations, across 23 African markets.
2,000
Vivo Energy’s network service stations across 23 African markets.
The new markets for Vivo Energy are Gabon, Malawi, Mozambique, Reunion, Rwanda, Tanzania, Zambia and Zimbabwe. Engen’s Kenya operations
....................................................................................................
Towards the end of 2018, the company proudly celebrated ten years of
.............................................................................................................................................................................................................
These include Micheal Aberamungu from Engen Byumba awarded best dealer of the year Promoting Health, Security , Safety and Environment protection ( HSSE) , Engen Kanogo awarded for promoting Lubes services, Engen Musanze awarded best brand builder, Ikwim petrogate HSSE protector and Marie Claire Niyigena from Engen Musanze was the best performing customer champion of 2019.
(where Vivo Energy already operates) is the ninth country included in the transaction. All these achievements cannot be taken for granted and need strengthened efforts to keep moving forward. This acquisition was part of a much bigger transaction where Vivo Energy Plc announced an issue of 63.2 million new shares and US$62.1 million in cash. Following the share issuance Engen held a circa 5.0% shareholding in Vivo Energy.
Staff of Vivo Energy Engen Licensee Rwanda celebrated their one year anniversary at Lemigo Hotel at Kigali, Rwanda.