How Vitol Won Exclusive Fuel Deals to Dominate Africa Vitol's rise to energy dominance in Africa is a testament to the company's strategic prowess and its ability to operate effectively within complex regulatory environments.
Founded by Henk Viëtor, Jacques Detiger, and Yves Louis Darricarrère in 1966 as an oil trading house, Vitol diversified into refining and retailing fuels over time.
The company has since expanded its reach across Africa, securing lucrative fuel deals that have solidified its position as a major player in the region.