Energy, Oil & Gas

Afreximbank backs Levene Energy with $64m for Axxela deal

African Export-Import Bank (Afreximbank) has provided a $64 million Acquisition Finance Facility to Levene Energy Development. The facility supports Levene Energy’s equity commitment to Bluecore Gas Infraco enabling the acquisition of a 30 per cent equity stake in Axxela, one of West Africa’s leading gas and power infrastructure companies....