Aradel, backed by five African billionaires, lifts nine-month revenue to $2.9 billion
Billionaires Africa | 02.11.2026 01:09
Aradel Holdings Plc, the Nigerian oil and gas producer in which five African billionaires together own about a quarter of the shares, raised its revenue more than sevenfold in the first nine months of 2026 after taking control of the onshore oil fields it helped buy from Shell Plc.
