Search

ENI to Sell 30% Stake in Ivorian Exploration Operations for €1 Billion

Allen dreyfus Logo
© Allen Dreyfus
  • ENI aims to raise €1 billion by selling a 30% stake in its Ivorian exploration operations
  • The move is part of an €8 billion diversification strategy targeting global operations

 

Paris, France – Italian energy giant ENI is planning to sell a 30% stake in its exploration operations in Cote D’Ivoire, seeking to raise €1 billion as part of its €8 billion target to diversify its global operations, according to local reports.

Recent Business

Cairo, Egypt © Unsplash
Egypt targets 5.4% GDP growth as fiscal overhaul aims to cut debt
Read More »
Starlink terminal. Photo by Evgeny Opanasenko @ Unsplash
Why did Namibia reject Starlink despite demand for cheaper internet?
Read More »
Mobile money instant payment in Africa. Photo by Olumide Bamgbelu @ Unsplash
EU unveils €290mn Nigeria investment to boost digital, other sectors
Read More »

Recent Politics

A soldier in the war front. Photo by Stijn Swinnen @ Unsplash
Kenya halts recruitment into Russia’s war. Who gains and who loses?
Read More »
Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Can Museveni’s leadership and a new funding model rescue East Africa from chronic cash crises?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »

Latest Posts

Latest news insights