Paul McDade’s Afentra aims to raise new funds
The London-listed junior oil company, set up primarily to carry out acquisition operations, is a candidate for the takeover of Sonangol blocks and aims for significant assets from majors withdrawing from the continent.
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▪ Paul McDade’s Afentra aims to raise new funds
▪ The London-listed junior oil company, set up primarily to carry out acquisition operations, is a candidate for the takeover of Sonangol blocks and aims for significant assets from majors withdrawing from the continent.
▪ https://www.africabusinessplus.com/en/811396/paul-mcdades-afentra-aims-to-raise-new-funds/
“Afentra’s financial position can allow it to finance small equity deals. But our goal is to assemble a portfolio of larger acquisitions, which require additional financing,” CEO Paul McDade told Africa Business+.
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