Nigerian businessman Kola Karim's Shoreline Power lands $200m Afreximbank facility
Afreximbank has approved a $200 million facility for Kola Karim's Shoreline to fund its share of a $980 million Algerian oil field development.
Kola Karim
Kola Karim's Shoreline Group signs a $300 million deal with Accor to build 10 hotels across 8 Nigerian cities by 2030
Kola Karim's Shoreline Group has signed a $300 million deal with Accor to develop 10 hotels across 8 Nigerian cities by 2030, creating Nigeria's first nationwide hotel platform.
Nigerian billionaire Kola Karim's Arkad wins a $1 billion Algeria gas contract alongside Egypt's PETROJET
Kola Karim's Arkad Engineering has won a $1 billion Algeria gas contract alongside Egypt's PETROJET for the Hassi Bir Rkaiz field, the biggest deal yet from his 2024 acquisition of the Italian EPC firm.
Energy tycoon Kola Karim says Iran conflict is a wake-up call and Nigeria must seize the global oil supply gap now
Shoreline Group's Kola Karim says Iran's conflict with the U.S. is the most dangerous supply shock in years and Nigeria must capitalize.
Nigerian billionaire Kola Karim's Shoreline Group acquires producing U.S. oil assets
Shoreline Group chief Kola Karim says the Nigerian operator has bought producing U.S. oil assets, betting African grit can lift output.
Nigerian billionaire Kola Karim says Nigeria should chase 5 million barrels of oil a day by 2030
Shoreline Group chairman Kola Karim has urged government to lift its oil ambition to 5 million barrels a day by 2030, arguing that security, financing and contract fixes can unlock brownfield and deepwater barrels far above today’s output.
Kola Karim eyes big cashout from Mota-Engil’s DBN Energies takeover
Mota-Engil, a Portuguese construction firm, plans to acquire DBN Energies, an oil infrastructure specialist, from Kola Karim.
7 companies owned by Nigerian magnate Kola Karim
Under Karim’s leadership, Shoreline has emerged as a dominant force in Africa’s collaborative business landscape.
Nigerian billionaire Kola Karim donated $65,000 to Conservative Party
Karim, an energy and construction tycoon, joins a list of conservative party donors that include Mohamed Mansour and Amit Lohia.
Nigerian billionaire Kola Karim, Mota Engil win Abuja airport concession
Karim is a part owner of Mota Engil Nigeria, which is a joint venture between his Shoreline Group and Mota Engil.