Transcorp acquires Afam Power Plc

Leading diversified conglomerate and power generation provider, Transcorp has emerged victorious in acquiring the 1,000 megawatts (mw) Afam electricity plant for a 105 billion naira. This is coming on the heels of the National Council of Privatization approving the privatization of the Afam Power Plant which kicked off bidding between 12 prospective investors years ago. The Transcorp power consortium... Continue Reading →

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