Oando PLC has won the ‘Deal of the Year’ award at Africa Energy Week 2024 for its $783 million acquisition of Nigerian Agip Oil Company from Eni. The acquisition, 10 years in the making, doubled Oando’s stake in the joint venture to 40% and marked the company’s role as operator. The award recognizes the transformative deal that represents 30 years of strategic planning and commitment towards becoming Africa’s first indigenous International Oil Company.
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Why Trump’s Tariffs Are Closing Factories in Lesotho
The video titled "Why Trump’s Tariffs Are Closing Factories in Lesotho" explores the impact of U.S. tariffs on local economies, particularly in Lesotho, highlighting how trade policies can lead to factory closures and job losses. Through insightful reporting, Times Video journalists shed light on the broader implications of political decisions on global manufacturing and economic stability. Want More Context? 🔎
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