The Aziza Project, through its ownership of one-fifth of Africa New Energies (“ANE”), is dedicated to undertaking a vigorous hydrocarbon exploration program in Southern Africa. An article further discussing the company’s plans reads, “To fund exploration activities, the project is offering crypto tokens to investors. The tokens – Aziza Coins – represent an indirect fractional ownership interest in the Aziza Project. This means that Aziza Coin holders, in effect, own part of the Aziza Project and are economic beneficiaries able to share in any of the profits made by the organization. The project’s first investment is a 20 percent stake in ANE, which has been operating in Namibia for six years.”
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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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