Ardova-led Consortium to Acquire 100% Stake in Africa’s Largest CNG &
A consortium led by Ardova Plc has entered into an agreement to acquire a 100 per cent stake in Powergas, one of Africa’s largest compressed natural gas (CNG) producers and virtual pipeline distributors, for an undisclosed amount
Kenya boosts stake in Africa Finance Corporation by Ksh3.25B, Ruto announces
Business Kenya boosts stake in Africa Finance Corporation by Ksh3.25B, Ruto announces Saturday 26th September, 2026 12:55 PM| Ruto during a visit to the AFC headquarters in Lagos, Nigeria, on Friday, September 25, 2026. PHOTO/https://web.facebook.com/williamsamoei
Ardova-led consortium to acquire 100% stake in Powergas, Africa’s largest CNG producer – Businessday NG
A.P. Moller Capital on Friday announced that, through its Africa Infrastructure Fund I (AIF I), and Impala Energy Holdings (Impala), it has entered into an agreement under which a consortium led by Ardova Plc (Ardova) and Diadem Energy (Diadem) will acquire Powergas Global Investments Nigeria Limited and Powergas Ebedei Limited (PEL), together known as Powergas.…
Egypt’s Qalaa moves to double stake in Africa’s $4.3 billion refinery through QatarEnergy deal
Qalaa’s board approved the proposed transaction on September 12, according to a stock-exchange disclosurereported by Arab Finance
Tony Elumelu’s $500 million Seplat Stake Now Worth Over $1 billion – MSME A
Seplat Energy Plc has seen its market capitalisation rise to $5.24 billion as the value of Heirs Holdings’ stake in the Nigerian energy company crosses the $1 billion mark
Dangote offers East Africa 30% stake in $16 billion refinery that could reshape the region’s fuel market
Aliko Dangote is offering East African countries a 30% equity stake in a planned refinery in Kenya, as Africa’s richest man seeks regional partners for a project that could reshape the continent’s fuel supply landscape
Africa’s biggest bank considers stake in Nigerian fintech OPay ahead of planned $4 billion US IPO
The South African banking group has held preliminary discussions about an investment in the SoftBank-backed company,Bloomberg reported, citing people familiar with the matter