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Levene Energy secures $64 million for Axxela stake

Levene Energy Development Limited has secured a $64 million acquisition finance facility from the African Export-Import Bank (Afreximbank) to support its purchase of a 30% equity stake in Axxela Limited, a leading gas and power infrastructure company in West Africa. The deal, announced 9 January 2026, marks Levene Energy’s strategic entry into Nigeria’s regulated midstream […]

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