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low economyUNVERIFIED

AVES Group tables interest to establish oil refinery plants in Tanzania

Only one outlet has reported this so far: treat it as unconfirmed.

📍 Tanzania, TZ·🕐 5h ago·1 outlet

MERSIN: TANZANIA has stepped up efforts to attract investment from Türkiye following an expression of interest by AVES Group of Companies to establish a sunflower and palm oil refinery in the country. The proposed investment is expected to increase domestic production of the two oils and position Tanzania as a distribution hub for local and …

⚠ A state-run outlet: it may reflect official government positions.

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Reliability
50%

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low risk