Oil Extraction Startups in Africa

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Oil extraction in East Africa is a complex game. Local perception is mixed. Some see foreign players like SOILL as saviors, unlocking economic potential. Others worry about environmental impact and displacement. Government support is crucial, but corruption and bureaucracy can hinder progress.

Cummulative Funding

$4M+

Total # of Companies

1

Total Deal Count

1

Total M&A Count

0

Total # of Investors

1

List of Oil Extraction startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

SOILL is a modern oil extraction plant and edible oil refinery situated in Swellendam and are committed to the provision of the healthier alternative oils.

Venture

$ 4,000,000

1990

SOILL

Founded

1990

Overview

SOILL is a modern oil extraction plant and edible oil refinery situated in Swellendam and are committed to the provision of the healthier alternative oils.

Last round

Venture

Total raised

$ 4,000,000

Employee

101-250

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