Attention Business Editors:

Africo Resources reschedules Annual General Meeting until June 12, 2008

     TORONTO, May 5 /CNW/ - Africo Resources Ltd (TSX:ARL) announces that it
has rescheduled its Annual General and Special Meeting to Thursday June 12,
2008. This rescheduling will enable the Company to complete the Information
Circular, which will include additional information regarding the subscription
and other agreements entered into with Camrose Resources Ltd and detailed in
our press release dated April 21, 2008.
     Note for editors:
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     Africo Resources Ltd. is a Canadian mineral company, committed to
developing, acquiring and exploring for base metal and gold assets in Africa.
The company's main project is Kalukundi, a development stage copper-cobalt
deposit located in the Katangan Copperbelt in the Democratic Republic of Congo
(DRC). The development team has an operational base in the DRC, with the
company corporate offices located in Vancouver, Canada. The company listed on
the Toronto Stock Exchange in December 2006.
     Forward-looking statements:
     This news release contains certain statements that may be deemed
"forward-looking statements". All statements in this release, other than
statements of historical fact, that address events or developments that Africo
expects to occur, are forward looking statements. Forward looking statements
are statements that are not historical facts and are generally, but not
always, identified by the words "expects", "plans", "anticipates", "believes",
"intends", "estimates", "projects", "potential" and similar expressions, or
that events or conditions "will", "would", "may", "could" or "should" occur.
Although Africo believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not
guarantees of future performance and actual results may differ materially from
those in forward looking statements. Factors that could cause the actual
results to differ materially from those in forward-looking statements include
market prices, exploitation and exploration success, continued availability of
capital and financing and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarantees of future
performance and actual results or developments may differ materially from
those projected in the forward-looking statements. Forward looking statements
are based on the beliefs, estimates and opinions of Africo's management on the
date the statements are made. Other than as required by law, Africo undertakes
no obligation to update these forward-looking statements in the event that
management's beliefs, estimates or opinions, or other factors, should change.
     The Toronto Stock Exchange has not reviewed and does not accept
     responsibility for the adequacy or accuracy of this release.
     %SEDAR: 00024685E

For further information: Dr Tony Harwood, President and Chief Executive
Officer, on Tel: +27(11) 463-0081; Bill Cavalluzzo (Investor Relations), on
Tel: (416) 265-8049; Michael O'Brien, Chief Financial Officer, on Tel: (604)
646-3225; In South Africa: Charmane Russell, on Tel +27(11) 880-3924