Africa Finance Corporation acquires Aker Energy ahead of development of the Deepwater Tano Cape Three Points (DWT/CTP) block offshore Ghana
Aker Capital AS, 100 percent owned by Aker ASA (together referred to as “Aker”), and The Resource Group TRG AS (“TRG”) have agreed to sell their shares in Aker Energy AS (“Aker Energy”) to AFC Equity Investment Ltd, a company owned by Africa Finance Corporation (“AFC”). Aker today holds 50.79 percent of the shares in Aker Energy, and TRG holds 49.21 percent. The management team of Aker Energy will remain unchanged and will work towards submission of the Plan of Development (“PoD”) for the Pecan field to Ghanaian authorities in April 2023.Through the transaction, AFC will become the sole