Who We Are
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 product
scope consists of crude oil, refined petroleum products, bio-diesel
and carbon offsets, which we source across Africa and trade locally and globally.
We harness the power of partnership and unparalleled local market knowledge to deliver consistent and considerable results for our clients who require rapid off-take and timely delivery. Our physical availability continues to expand and diversify and we source
commodities throughout the continent for worldwide supply.
What We Do
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.
We combine our expertise in trading, finance, risk and logistics to reduce the risk of sourcing and trading commodities in emerging and fragmented markets, by acting as one stop partner for the provision of robust risk management and logistics solutions alongside our trading and broking services. Our ability to mix and match supplies from multiple sources
allows for greater supply chain stability and market arbitrage, which facilitates our deep discount model.
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Our Approach
We leverage our presence in Africa to serve the global energy and commodity market. We recognised the informal and fragmented nature of the commodity market in the continent. We saw an opportunity to formalise it and build a standardised experience and reduce the risks for buyers whilst enabling suppliers to compete globally and earn a fair price for their commodities.
To this end, we work with local refineries and mid-tier upstream suppliers as partner, joint venture and mandate. We have a robust and established portfolio product offtakes throughout Africa that allows us to meet the demand of our clients and high-volume orders in a timely manner.
