Our core business encompasses physical commodity trading and broking. We act as principal and agent for buyers and sellers, providing full execution services underpinned by logistics and risk management.
We partner with local and mid-tier producers and refineries across Africa and offtake their production to trade on the global commodity market, enabling local suppliers to compete globally and earn a fair price for their products, whilst allowing Afric Oil to offer competitive prices and consolidate sources of supply to meet customer demands and timely supplies.
We take active actions to reduce our carbon footprints and those of our clients. Our biofuel is derived from used cooking oil sourced locally thus abating carbon emissions and empowering local business owners who make up our supplier network.
Afric Oil leverages its presence in Africa and strategic alliances in the upstream and downstream sectors to serve the global commodity market. We specialise in sourcing African crude oil and niche commodities including BLCO, light crude, heavy crude and Petroleum coke. Learn more
We cover over-the-counter broking and trading of physical petroleum products including gasoline, fuel oil, naphtha, butane, propane and gas oil Learn more
Our climate desk trades voluntary and mandatory carbon offsets. Our bioenergy unit specialises in waste-based biofuel Learn more
We have partnership agreement and purchase contracts with refineries for their production offtake, which we supply to the transport, agricultural and construction industries. We help our customers reduce their carbon footprints and the risk of oil price volatility in their portfolio with our high-grade biodiesel. Our biodiesel meets European EN14214 standard and delivers over 87% Greenhouse gas saving compared to conventional fossil diesel. Our supplies are tailored to our clients' requirements. We supply blends of 5% (B5), 10% (B10), 20% (B20) and 100% (B100) biodiesel, depending on the client's need.