Africa Energy Corp. — Proxy Solicitation & Information Statement 2020

Sep 21, 2020

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Notice of the Special Meeting of Shareholders

Africa Energy Corp. (“ Africa Energy ” or the “ Company ”) welcomes you to attend the Special Meeting (the “ Meeting ”) of the shareholders of Africa Energy, which will be held on Thursday, October 15, 2020 at 9:00 am (Pacific time) at Suite 2000, 885 West Georgia Street, Vancouver, British Columbia, V6X 3E8 for the following purposes:

1. to consider and, if deemed advisable, approve the ordinary resolution, as more particularly set forth in the accompanying management information circular (the “ Circular ”) relating to the approval of the creation of Impact Oil and Gas Limited as a “Control Person” (as defined in the policies of the TSX Venture Exchange) of the Company and approving the terms of the Main Street Transactions (as defined in the Circular); and

2. to transact such further or other business as may properly come before the Meeting or any adjournment thereof.

Accompanying this Notice of Meeting are: (i) the Circular and (ii) an Instrument of Proxy and Notes thereto.

Due to the unprecedented public health impact of the coronavirus outbreak (COVID-19) and in consideration of the health and safety of our shareholders, team members and the broader community, as well as the restrictions on mass gatherings implemented by the Government of British Columbia, the Company will be strictly restricting physical access to the Meeting to registered shareholders and formally appointed proxyholders and will not be permitting any others (including beneficial shareholders that hold their common shares through a broker or other intermediary) to attend.

Shareholders are strongly encouraged not to attend the meeting in person. In accordance with any restrictions on gatherings implemented by the Government of British Columbia and the City of Vancouver in effect as of the date of the Meeting, if more people than are permitted to gather choose to attend the Meeting in person, the Meeting, by necessity, will be rescheduled to a later date. In addition, the Company will follow all other public health recommendations of the Government of British Columbia and the City of Vancouver, including potential screening of attendees at the Meeting.

If you are a registered shareholder of the Company and are unable to attend the Meeting in person, please complete, sign, date and return the enclosed form of Proxy according to the instructions provided on the Proxy before 9:00 a.m. (Pacific time) on Thursday, October 8, 2020.

If you are a non-registered shareholder of the Company and receive these materials through your broker or through another intermediary, please complete and return the materials in accordance with the instructions provided to you by your broker or such other intermediary. If you are a non-registered shareholder and do not complete and return the materials in accordance with such instructions, you may lose the right to vote at the Meeting, either in person or by proxy.

If you have any questions about the procedures required to qualify to vote at the Meeting or about obtaining and depositing the required form of proxy, you should contact the Company’s transfer agent, Computershare Investor Services Inc. by telephone (toll free) at 1-800-564-6253, by fax at 1-866-249-7775 or by e-mail at service@computershare.com.

DATED at Vancouver, British Columbia the 18th day of September 2020.

Yours truly,

(Signed) “Garrett Soden”

Garrett Soden President & Chief Executive Officer