Nov 20 (Reuters) - Africa Energy Corp AFE.V
* Africa Energy to acquire additional interest in south africa
* Africa Energy Corp - signs definitive agreements to acquire an effective 4.9% interest in exploration right for block 11b/12b offshore South Africa
* Africa Energy Corp - Africa Energy paid a deposit of US$0.49 million at signature and will pay an additional US$6.86 million at closing
* Africa Energy Corp - co has agreed to fund a portion of Total's and CNRI's costs for the proposed exploration well to a maximum of US$7.55 million