Africa Energy to Present at SpareBank 1 Markets Energy Conference

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February 25, 2019 – Africa Energy Corp. (TSX Venture: AFE) (Nasdaq First North: AEC) (“Africa Energy” or the “Company”), an oil and gas company with exploration assets offshore South Africa and Namibia, announces that the Company’s President and Chief Executive Officer, Garrett Soden, will be presenting at the SpareBank 1 Markets Energy Conference in Oslo, Norway on Wednesday, February 27, 2019, at approximately 11:00 am Central European Time.

A copy of the presentation will be available on Africa Energy’s website below.

Important information

The information was submitted for publication through the agency of the contact persons set out above on February 25, 2019 at 1:00 a.m.ET.

The Company’s certified advisor on Nasdaq First North Stockholm is Pareto Securities AB, +46 8 402 5000, certifiedadviser.se@paretosec.com.

190225 AEC PR SpareBank Conference Feb 2019 Final ID-43de9a509b0c

For further information, please contact:

Sophia Shane

Investor Relations, Canada

+1 (604) 689-7842

Robert Eriksson

Investor Relations, Sweden

+46 701 112 615

info@africaenergycorp.com

www.africaenergycorp.com

About Africa Energy Corp.

Africa Energy Corp. is a Canadian oil and gas company with exploration assets offshore South Africa and Namibia. The Company is listed on TSX Venture Exchange (ticker “AFE”) and Nasdaq First North Stockholm (ticker “AEC”). Africa Energy Corp. is part of the Lundin Group of Companies and is actively building an exploration and production portfolio across Africa.