Angola International Capital Ltd. signed an agreement to acquire Brenham Oil & Gas Corp. (OTCPK:BRHM) from a group of sellers in a reverse merger transaction on April 25, 2016. Under the terms of the deal, the outstanding shares of Angola International Capital shall be converted into and exchanged for 7.36 million shares (post-reverse split) of Brenham common stock series A, which will represent approximately 92% of the outstanding common stock series A at the closing and 0.1 million shares of common stock series C, having 5,000 votes per share. As a result of the transaction, Brenham Oil & Gas Corp will be renamed to Africa Growth Corporation. The transaction is subject to the filing of audited financial statements and other material disclosure regarding Angola International Capital with the Securities and Exchange Commission, implementation of a one for two hundred (1:200) reverse stock split of Brenham Oil’s issued and outstanding shares of common stock and effectiveness of the Schedule 14C Information Statement and others and approval of Brenham stockholders. The Board of Directors of Brenham approved the transaction and Brenham’s majority stockholder, American International Industries, Inc., approved the merger. The transaction is expected to close by or around June 30, 2016. As on October 25, 2016, Angola International Capital Ltd changed its name to Africa International Capital Ltd. Richard Rubin of Park Avenue Group, Inc. acted as the legal advisor for Brenham Oil & Gas Corp. Angola International Capital Ltd. completed the acquisition of Brenham Oil & Gas Corp. (OTCPK:BRHM) from a group of sellers in a reverse merger transaction on November 10, 2016.