Kosmos Energy News

Offshore Oil Rig

Ghana state oil company GNPC close to signing $700M loan from Trafigura-led syndicate

State-owned Ghana National Petroleum Corporation (GNPC) is close to signing a $700 million, five-year loan from private commercial lenders led by commodity trader Trafigura to help fund its expansion, its chief executive said on Tuesday.

Aliko Dangote

Aliko Dangote, Africa's richest man, partners with Blackstone and Carlyle for Africa investments

Blackstone Group LP (BX) and Carlyle Group LP (CG), the world’s two biggest private-equity firms, sought a partner in Africa to invest in the continent’s burdened energy infrastructure.