We Are Set To Invest $1bn In Guyana – African businessman

Ghanaian businessman, Henry Djaba Jnr. has confirmed signing agreements with local partners in Guyana to invest $1bn (one billion US Dollars) in a Deep offshore and a Shallow oil block in Guyana.

He confirmed that whilst his company, Lakeland Oil and Gas International Trading and Supply Company Limited signed agreements earlier this year for the development of two Oil Blocks on 11th March 2024, with a local partner in Guyana,

Lakeland has decided that under the Chairmanship of Mrs.Titi Ogunbanjo, who is the Chairman and is also a substantial shareholder of Lakeland Exploration Company Limited, they are also interested in acquiring more Oil Blocks in Guyana.

They will now go ahead to engage directly with the government of Guyana in the next bid round or by direct negotiation if possible.

At the recent Afrexim AGM that was held in Nassau, Bahamas, Mrs Ogunbanjo is spearheading Lakeland’s acquisition of strategic oil assets in the South American / Caribbean region and on the African continent.