“Africa is rich but Africa is poor”. This adage generally allotted to the richness of Africa in natural resources and to the low level of its economic development, is never as verifiable as when we are talking oil resources, in particular in these moments of blaze of the oil price.
To contribute to reverse this tendency, the ATEPA Group has joined strategic partners of the sector of the oil of international magnitude. Always in the search of innovating solutions, adapted to the particular conditions of Africa, the ATEPA Group and its strategic allies worked out a model of development of the oil resources particularly adapted to the requirements of development of the African countries.
Thus, the African oil producing countries, can enjoy single competences of a pool of geologists, geophysicists and other experts of world fame for the exploration and the evaluation of petroleum. Moreover, with the support of its strategic partners, the ATEPA Group opens with the producing African countries oil the possibility of reaching an innovating financial system, based on European private funds, enabling them to enjoy immediately the fruits of their resources. By elsewhere, the oil sector will be one of the principal recipients of the project of “African Mining Investment Partnership”.
