Levene Energy To Acquire Stake In Axxela Limited With $64M Afreximbank Facility

Levene Energy Development Limited is pushing to acquire a 30 per cent stake in Axxela Limited. The deal is being finalised with USD 64 million financing facility by African Export–Import Bank (Afreximbank), to back its equity commitment to Bluecore Gas Infraco Limited, the acquiring entity. Axxela is one of West Africa’s leading gas and power

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