Chariot Limited, an African-focused transitional energy company, recently conducted a fundraising round, raising $9m to support its energy projects in Africa. The funds will be utilized to strengthen the company's balance sheet, progress projects, secure new venture opportunities, and advance onshore gas commercialization plans in Morocco. The Placing, Subscription, and Open Offer attracted significant investor interest, with the Open Offer being almost twice oversubscribed. Chariot's focus includes Transitional Gas projects in Morocco, Transitional Power solutions across the continent, and Green Hydrogen initiatives in partnership with TEH2 and the Government of Mauritania. The company started drilling operations on the Anchois East well in Morocco, aiming to increase the gas resource base and move towards a Final Investment Decision. Analysts are optimistic about Chariot's future, with Price Objectives set above the recent issue price. The company's shares are trading at the recent issue price, with expectations of positive news items driving the share price higher. Overall, Chariot Limited's initiatives in Africa and the green energy sector have garnered positive attention from investors and analysts alike, setting the stage for potential growth and development in the coming months.