Kilimanjaro Capital Ltd. on December 17th 2012 signed an Oil & Mineral Assignment Agreement with the Biafran Government in Exile to obtain 49% of the ownership of all onshore and offshore oil and mineral rights in Biafra. The region contains Africa's largest known petroleum reserves and significant untapped opportunities for gold, uranium, coal and other resources. Biafra's borders are over 29,848 square miles (77,310 km2) of land including the Niger Delta. Kilimanjaro Capital succeeds Banque Rothschild of Paris which was the original Biafran concession holder.
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