How Vitol Won Exclusive Fuel Deals to Dominate Africa
Share
Exclusive agreements to supply fuel to at least five countries have put Vitol Group, the world's largest commodity trader, in an unusually powerful position as the dominant supplier to southern and East Africa a region that relies almost entirely on imports of fuel to keep cars, trucks, tractors and boats running. Bloomberg's Jack Farchy reports.
More from Australia
Resurgent inflation pressures test key Australian consumer shares
The digital cart rush redefining Australian retail profit pools
Trans-Tasman insurers battle contract churn while defending profit margins
Capital battles heat up as takeover offers challenge listed housing operators
The equities fueling the next infrastructure supercycle
Crypto networks collide with sanctions in a fight for financial access