The Ennero Group on Monday (23 April) announced the establishment of Ennero SA Pty Ltd., a corporate subsidiary headquartered out of Cape Town, South Africa with a satellite office in Johannesburg.
The Dubai-based company says will seek to develop and serve existing clients across the marine fuels, mining, heavy industry and agriculture space in line with its 2019 group strategy.
“South Africa has always been on our radar in terms of growth opportunities for the group,” stated Karim Al Alami, Director, Ennero.
“The revitalization of commodity prices across various industries and our positive view on the South African business landscape cemented our decision to expand our footprint.
“Ennero SA will not only serve South Africa but also provide us a strategic presence and logistical advantage across the African continent.
“Driving our Corporate Social Responsibility policy through Black Economic Empowerment, Ennero SA will place a special emphasis on local content by operating as a Level 2 contributor.”
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Published: 24 April, 2019
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