Abstract: Affected by the continuous decline in international oil prices, more and more petroleum companies are in business difficulties or even on the verge of bankruptcy, which creates a rare golden window period for Chinese oil companies to "go out" in asset acquisition and investment.As a region rich in oil resources, Africa has always maintained friendly trade with China and has become the preferred region for Chinese oil companies to carry out international energy cooperation.Therefore, comparing and analyzing the financial and tax terms of oil and gas development contracts in African resource countries could be conducive to the efficient investment of Chinese oil enterprises in Africa.This paper introduces the contract types and financial and tax terms of the major oil resource countries in Africa, and uses five key indicators to evaluate and rank the financial and tax terms of the major oil resource countries in Africa by comprehensive index method.It provides very important reference value for Chinese oil companies to carry out energy strategic selection and engage in oil and gas exploration and development in Africa.