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

Man pushing truck with gallons of water in Benin. Photo by Dananjaya Nugraha @ Unsplash
IMF revises Benin debt to 60.5% of GDP after reclassification
Read More »
Africa map @ Unsplash
How Gulf capital is reshaping African sovereign bonds
Read More »
Busy street of Nigeria. Photo Muhammad Ibrahim @ Unsplash
Nigeria bond yields fall below 16% as investor demand surges
Read More »

Recent Politics

Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
Read More »
A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Why are Nigerians protesting electoral reforms ahead of 2027 polls?
Read More »

Latest Posts

Latest news insights