AllAfrica on MSN

Levene Energy secures $64m facility from Afreximbank to acquire strategic stake in Axxela Limited

Abuja, Nigeria - 9th January 2026 -African Export-Import Bank (Afreximbank) has provided a USD 64 million Acquisition Finance ...
Business Day

Afreximbank provides $64m to support Levene Energy’s acquisition of Axxela

The African Export-Import Bank (Afreximbank) has provided a $64 million acquisition finance facility to Levene Energy ...
ZAWYA

Afreximbank backs Levene Energy with $64mln for Axxela deal

The facility supports Levene Energy’s equity commitment to Bluecore Gas Infraco enabling the acquisition of a 30 per cent ...
Nairametrics

Levene Energy acquires 30% stake in Axxela with $64 million Afreximbank financing

Levene Energy Development Limited has acquired a 30% equity stake in Axxela Limited, one of West Africa’s leading gas and power infrastructure companies. The acquisition ...
Business Day

BlueCore acquires Axxela, signals confidence in Nigeria’s gas infrastructure

A major Nigerian gas infrastructure firm has shifted to local institutional ownership in a deal strengthening investor confidence.
Engineering News

Standard Bank backs BlueCore Gas InfraCo with $285m structured acquisition funding solution

Financial services provider Standard Bank has reported that it has delivered a comprehensive $285-million debt and equity ...