Over the last three years, French oil and gas company, Total, has invested $20 million into its Zimbabwean operations in a bid to strengthen the business.
Total Zimbabwe, which has been in existence in the country for the last 55 years, controls some 24% of the market share in the petroleum sector, operating 105 fuel stations throughout the country.
According to the company's managing director, Chris Okonmah, the company is committed to its investment in the country. Speaking at the recent launch of the company's Startupper of the Year Challenge for business start-up, Okonmah said:
"Since 2013, we have invested more than $20 million in the refurbishment and upgrade of our depots and retooling to increase production capacity. This underlines our confidence in this market as this investment will enhance our ability to meet increasing consumer demand. Everything we do at Total Zimbabwe should be of international standard."
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