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It is recommended that you subscribe to our mailers so that we can keep you fully updated. Our team can help you raise money for an Oil Company or other type of company, project, concept or idea in Ethiopia. There are no hidden charges! Subscribe for Updates on Oil Companies in Ethiopia and other opportunities If you did not register for business opportunities in Ethiopia above but would like to be kept updated on AFSIC — Investing in Africa, Oil Companies in Ethiopia as well as upcoming investor missions to Ethiopia, ways in which we can assist you find and promote business opportunities in Africa, and how we can profile your company for FREE, please subscribe below.
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Involved in selling Renewable Energy Solar Panels? We receive a significant volume of investment opportunities from all regions of Africa. Receive investment opportunities from Africa direct to your Inbox. Click Invest in Africa to join our Dashboard. We have built up one of the most extensive networks of global investors looking to invest into Africa. Our investors range from seed capital investors all the way to the largest funds. Multiple Networking Sessions, Country Summits and Sector Focused Streams allow focused and relevant business generation and investment leads.
Download our Event Brochure above to Learn More. Due to strong demand for speaking slots, and in line with the conference objectives, preference is given to institutional investors, and African companies seeking funding. Want to know how we can help you meet Investors or connect with relevant Oil Companies in Ethiopia?
Market overview Ethiopia has a very huge hydrocarbon potential and is much underexplored. With annual oil import at USD 2. Upstream: The sedimentary regions of Ethiopia cover a significant portion of the country and comprise five distinct sedimentary basins — Ogaden, Gambella, the Southern Rift Basin, Abay and Mekele — which are believed to be promising for oil discovery. The sedimentary rock in the Ogaden Basin is 10,m deep and has a similar nature and age with the sedimentary rocks of the oil productive basins in the Middle East.
It is located in the South Eastern part of Ethiopia and occupies an area of about ,km2. Two major discoveries in the Ogaden basin include the finding of oil in El Kuran in and the confirmation of the size of natural gas reserve of 2. New AGE Ethiopia is also planning to drill an appraisal well in June this year on the El Kuran locality to establish the commercial viability of the accumulation. The Abay Basin covers an area of approximately 63,km2 in the central north western plateau of Ethiopia.
A geochemical analysis of an oil seep from Wereilu locality in the north-eastern margin of the basin suggests the presence of mature oil source rock of marine origin; possibly marine shale that has generated oil.
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