Aker Energy and Africa Finance Corporation (AFC) have announced the appointment of Mr. Samaila Zubairu as Vice Chairman of Aker Energy Board of Directors.
Mr. Samaila Zubairu is the President and Chief Executive Officer (CEO) of Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa.
The institution has 25 African member countries, and has invested US$6 billion across 29 African countries.
Ghana, where Aker Energy’s Pecan field is located, is, in addition to being a member state, also an equity shareholder of AFC.
“AFC is an important partner to Aker Energy. We are, therefore, honoured to welcome Mr. Samaila Zubairu to the Board, as he brings extensive experience with innovative infrastructure development and financing across the African Continent, as well as geopolitical and industrial insight,” says Sverre Skogen, Chair of the Board of Directors of Aker Energy.
Aker Energy is part of the Norwegian Aker Group of Companies, and is, through its subsidiary Aker Energy Ghana Limited, operator of the Deepwater Tano/Cape Three Points (DWT/CTP) block offshore Ghana.
Aker Energy has its sole focus in Ghana, and has submitted a Plan of Development and Operations (PDO) for the block.
“AFC’s investment in Aker Energy is an exciting milestone – we have partnered with the subsidiary of one of the most highly respected international oil, gas and industrials companies to support its first project in the African market as an operator. This is an opportunity for AFC to invest alongside a technically and financially strong sponsor that requires project development expertise and public sector advice in Africa, both of which AFC is ideally placed to offer. It is therefore a great honour to now also being joining the Board of Aker Energy as Vice Chairman,” says Mr. Samaila Zubairu.