- Sub-Saharan Africa is last unexplored hydrocarbon frontier
- Region comprises an area larger than India, China and the U.S. combined
- Aziza owns $100 million stake in Namibian hydrocarbon project
Pioneering outfit Aziza Project LLC is boldly going where few have gone before by investing in oil and gas businesses operating in sub-Saharan Africa, a vast underdeveloped sector of the hydrocarbon cosmos. At stake are claims in Namibia valued at $100 million. Its investment approach is also crossing frontiers, as Aziza is hosting a tokenized investment fund. It plans to raise $60 million in capital through the sale of Aziza Coins, an asset-backed security token compliant with the Ethereum blockchain ERC20 standard.
Sub-Saharan Africa is the last unexplored frontier in the hydrocarbon world. It is a region of promise, if for no other reason than its size. In total, the area covers roughly 27 million square kilometers, or …
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