Lake Oil Ltd
Tanzania
Entered petroleum importation, storage, distribution, marketing, fuel retail stations, logistics and fuel storage operations.
A timeline of Lake Group's growth across energy, logistics, manufacturing, real estate and agriculture.
From petroleum operations in Tanzania in 2006 to a diversified regional group spanning energy, logistics, manufacturing, aviation, real estate and agriculture.
Entered petroleum importation, storage, distribution, marketing, fuel retail stations, logistics and fuel storage operations.
Lake Group’s Zambian establishment, Lake Petroleum Limited, incorporated.
Opened operations to provide high-quality concrete.
Established transportation and logistics business specializing in petroleum transport and cross-border logistics.
Initiated LPG distribution across Tanzania.
Began petroleum retail, bulk fuel supply, depot operations and LPG distribution.
Incorporated to market and distribute LPG across Kenya and regional markets. Operations commenced in February 2014.
Started LPG retail, commercial and bulk supply operations.
Established lubricant and grease manufacturing business with blending and packaging capabilities.
Entered Kenyan market through acquisition of 19 service stations and Nairobi terminal.
Established steel manufacturing business producing TMT reinforcement bars and allied steel products.
Commenced operations in Zambia, establishing a commercially sustainable agricultural business.
Commissioned quarrying and crushing operations.
Established in Ndola and commenced operations with bonded warehousing.
Established lubricant manufacturing, distribution and marketing business. Operations officially began in 2021.
Established aluminium trailer manufacturing operations.
Opened a modern cylinder manufacturing plant at Visiga, Kibaha.
Official commencement of operations.
Commenced operations logistics facility in Beira.
Commenced aviation fuel supply and into-plane fueling services at Kilimanjaro International Airport (JRO).
Commenced petroleum storage and distribution operations in Beira with an initial three-tank terminal.
Incorporated ready-mix concrete company serving construction and infrastructure sectors.
Established real estate development company.
Official commencement of ready-mix concrete operations.
Lubricant manufacturing operations officially started.
Officially established agribusiness operations.
Opened second aviation fuel terminal and depot at Julius Nyerere International Airport (DAR), Dar es Salaam.
Commissioned Steel Melting Shop (SMS) and Continuous Casting Machine (CCM), enabling billet production and backward integration.
Expanded to Zanzibar through development of third aviation fuel terminal at Abeid Amani Karume International Airport (ZNZ).
Zanzibar aviation terminal commissioned.
Expanded operations through its new crushing unit in Lugoba.
Established to support end-to-end agricultural solutions and machinery.
Rebranded itself to Assembly Tech Limited.
Waterfront Mall: a modern lifestyle, entertainment and shopping destination in a coastal neighbourhood by the Indian Ocean.
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