Afric Oil is a boutique broker-dealer commodity company, providing trading and broking services to the energy and commodities community. Our activities cover OTC sales and brokerage of spots, forwards and physical oil contracts. Our primary market extends beyond Africa to other geographical locations. Our product scope consists of crude oil, refined petroleum products, bio-diesel and carbon offsets.
Afric Oil was established in 2012 to cater for the fragmented OTC commodities market in Africa, stemming from variations in institutional environments, by reducing barriers to integrated markets for trading commodities. To this end, AfricOil acts as off-taker, Joint Venture and Mandate of producers and refineries, managing risks and exposures by offering custom-built services to diverse clients and counterparties. .
We leverage our presence in Afriica to serve the global energy and commodities market and take advantage of market arbitrage, which facilitates a deep discount strategy we offer. Our physical availability continues to expand and diversify and we source products worldwide. We harness the power of partnership, technological know-how and unparalleled local market knowledge to deliver consistent and considerable results.