The Aziza Project, through a 20 percent stake in Africa New Energies (“ANE”), is investing in early-stage oil and gas exploration operations in an underdeveloped Southern Africa region. ANE is preparing to drill 10 wells throughout a large area in Namibia. A recent article further discussing the company’s investment reads, “Amid revived interest in the potential of Southern Africa’s oil and gas exploration prospects, Aziza Project LLC’s tokenized oil and gas fund is offering investors a foundation building opportunity to fund a new era of hope for the 630 million people who currently have no access to the power grid and typically depend on wood and paraffin for their energy needs. … The exploration-friendly policies of Namibia’s government, in particular, have created the potential for investors to see returns as planned drilling backed by Aziza Project delivers anticipated results using big data algorithms. The privately held company invests in early-stage oil and gas businesses with the aim of ethically developing hydrocarbon resources in parts of Southern Africa that are generally regarded as having underdeveloped potential.”
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Aziza Project LLC is a fund that tokenizes high potential oil and gas businesses in Africa, enabling them to raise funds for profit and social good. Aziza Project and its tokenization approach aims to address the obstacles associated with traditional fundraising by taking advantage of the benefits of blockchain technology to eliminate the cost and need for middlemen and complex administration. Aziza Project’s token, the Aziza Coin, is an asset-backed mid-to-long-term security token. For more information, visit the organization’s website at www.Aziza.io
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