Africa Energy (TSE:AFE) has released an update.
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Africa Energy Corp. remains committed to developing Block 11B/12B’s natural gas resources off South Africa’s coast despite major joint venture partners pulling out. The company, through its stake in Main Street 1549 Pty Ltd., is poised to gain 100% interest pending regulatory approval. These developments could significantly impact South Africa’s energy transition away from coal.
For further insights into TSE:AFE stock, check out TipRanks’ Stock Analysis page.
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