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acquisitionAnnounced · Jan 9, 2026Gas and Power InfrastructureSource · CredibleArticle · Factual
Levene Energy Development acquires Axxela
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
$64M
Target
Axxela
Lagos, Lagos
Acquirer
Levene Energy Development
Financial Stake
Status
Announced
Levene Energy Development agreed to acquire Axxela. Reported deal value: $64M. Status: Announced. Sector: Gas and Power Infrastructure. Target headquarters context: Lagos, Lagos, Nigeria.
This page summarizes publicly available information about the transaction as of 2026-01-09. Figures and status may change as filings and press coverage update.
African Export-Import Bank ( www. Afreximbank .com ) has provided a USD 64 million Acquisition Finance Facility to Levene Energy Development Limited
Deal timeline
Announced
Jan 9, 2026 · afreximbank.africa-newsroom.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Gas and Power Infrastructure with a reported deal value of $64M. Figures and status may change as sources update.
Sources: afreximbank.africa-newsroom.com · Primary article · FireStrike proprietary index