Levene Energy Secures $64M Facility from Afreximbank to Acquire Strategic Stake in Axxela Limited
This landmark transaction provides Levene Energy with direct entry into Nigeria’s regulated midstream and downstream gas sectors
African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has provided a USD 64 million Acquisition Finance Facility to Levene Energy Development Limited. The facility supports Levene Energy’s equity commitment to Bluecore Gas Infraco Limited (the “Acquirer”) enabling the acquisition of a 30% equity stake in Axxela Limited, one of West Africa’s leading gas…