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News 2026-09-29 21:31 UTC

Africa Energy restructures Main Street deal, targets 75% stake in Block 11B/12B

Africa Energy restructured agreements with Arostyle for its Main Street venture, extending the long-stop to Dec. 31, 2028, with Main Street to receive remaining 90% of Block 11B/12B. Africa Energy will buy Arostyle’s 51% stake in Main Street, take 100% of common and Class B shares, and Main Street will transfer 25% of