Oil trading llc

Afritrade

We supply the products at competitive prices and best-in-class quality. We source our products from Oil Majors and producers and to support the vertical we have a substantial shipping portfolio to honour our supply commitments.

Our Services

United Arab Emirates is amongst the fastest growing oil trading hub markets in the world. Taking this into consideration and to enhance its downstream integration, Afritrade oil trading L.L.Cis focusing on increasing its presence in the Middle East & Indian sub-continent.
Afritrade oli trading LLC is dealing in the following product categories:

CRUDE OIL

We have an unparalleled grasp of crude markets globally, strong relationships with refiners, producers, and key-market participants worldwide, and access to extensive infrastructure. We have been immaculately supplying and provisioning multiple grades of Crude Oil

FUEL OIL

Fuel oil is a distillate fuel used for a wide range of applications, including the generation of power in some engines or generators or in a furnace or boiler for heat generation. We has years of experience delivering commercial, agriculture, and international markets.

GASOLINE

Gasoline is a petroleum derived liquid mixture, formed as the main product refined from crude oil, and is one of the major fuels consumed across multiple industries. Being one of the important commodities in the automotive industry, gasoline demand has been rising all over the world.

About

Biography of Khadim Bâ

In 2004, he began his career in a Senegalese processing company (Sosestra) in the Foundry’s Purchasing department. He then worked at BMW AG Bank, in the financial service for importers. Thereupon, he joined HEC Montreal as an intern in the Energy Management Development Program (EMPD) department. During that same year, as head of independent auditing, he worked at the Mayoro Wade firm.

In September 2006, he became Deputy General Manager of Carrefour Automobile, specializing in the sale of luxury vehicles in Dakar.

In July 2010, Khadim Bâ became the General Manager of the West African Leasing Company (Locafrique). He worked hard to make it ten years later the No. 1 leasing bank in Senegal.

In 2013, he established a ten-year partnership with the U.S Agency for International Development’s Feed the Future initiative, focusing on the agricultural sector in Senegal. Nearly 12 billion FCfa of investment were mobilized for the benefit of producers, mainly in the Senegal River Valley.

Since 2015, Khadim Bâ has contributed up to 20 billion FCFA to the financing of Sonacos seed purchase campaigns.

In August 2017, following the purchase of 34% of its capital from the Bin Laden Saudi group, Khadim Bâ entered SAR capital (African Refining Society), the oldest refinery in West Africa, created in 1963.

In October 2020, with Harouna Dia, Mustapha Ndiaye, Abdoulaye Dia (Senico) and Khadim Bâ (Locafrique), 227 billion FCfa were mobilized for the realization of a gas power plant to be erected in Senegal by 2023. This 300 MW infrastructure carried by the West African Energy (WAE) consortium aims to reduce the cost of energy by 40%, allowing thousands of households to benefit from it.

In early April 2021, Khadim Bâ concluded a new financial participation for the Dakar International Hospital. The project consists in providing Senegal and the sub-region

In early April 2021, Khadim Bâ concluded a new financial participation for the Dakar International Hospital. The project consists in providing Senegal and the sub-regionwith a high-level private hospital currently unavailable in the Senegalese health system, that would meet international quality standards.

By the end of April 2021, alongside WAC Advisors (West Africa Capital Advisors) and SIRN (Naval Repair Infrastructure Society), Khadim Bâ signed a protocol agreement for the financing of infrastructure in the fishing sector.

Over the next 10 years, his ambition is to sustainably transform the entire fishing industry, namely by replacing wooden dugout canoes with fiberglass canoes, strengthening Senegal’s position in the ship repair sub-sector and building fishing ports housing, among others, processing units.

In January 2022, spearheaded by its executive director, Locafrique and the USAID Trade Hub launched a $24 million (CFA 13 billion) partnership to increase the financial inclusion of agribusinesses in Senegal. They are keeping the momentum going by prioritizing entrepreneurs in Senegal’s agricultural sector, as well as increasing access to loans for businesses in other sectors.

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