Ardova-led consortium to acquire 100% stake in Powergas, Africa’s largest CNG producer

BusinessDay | 25-09-2026 12:01pm |

A consortium led by Ardova is set to acquire a 100% stake in Powergas, Africa's largest CNG producer. A.P. Moller Capital announced the deal through its Africa Infrastructure Fund I and Impala Energy Holdings. The acquisition aims to expand energy infrastructure.

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