Finance

Vaalco takes over Swedish player in $66.5 million move to enter Ivory Coast

Acquisition of Svenska sees New York and London-listed player take stakes in Baobab field and ExxonMobil's Uge discovery in Nigeria

Ivory Coast President Alassane Ouattara smiles earlier this month after his nation won the Africa Cup of Nations football tournament.
Ivory Coast President Alassane Ouattara smiles earlier this month after his nation won the Africa Cup of Nations football tournament.Photo: AFP/SCANPIX
Africa CorrespondentLondon
Vaalco EnergySvenska PetroleumBaobabIvory CoastNigeria
Published 29 February 2024, 10:09Updated 29 February 2024, 10:09