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Beyond Oil Enters African Market with South Africa Distribution Deal

Story Highlights
  • Beyond Oil Ltd. partners with Minrosolve Proprietary to enter the South African market.
  • The agreement marks a strategic step in Beyond Oil’s global expansion with potential growth in Africa.
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Beyond Oil Ltd ( (TSE:BOIL) ) has shared an update.

Beyond Oil Ltd. has entered the African market through a new distribution agreement with Minrosolve Proprietary in South Africa, marking its first commercial presence on the continent. This partnership is a strategic step in Beyond Oil’s global expansion, aiming to introduce its innovative oil filtration solutions to South Africa’s restaurant industry, with potential for further growth across Africa.

More about Beyond Oil Ltd

Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried food, lowering operational costs, minimizing waste, and enhancing sustainability. With over 15 years of experience, the company creates solutions for the food service industry.

YTD Price Performance: 68.71%

Average Trading Volume: 94,941

Technical Sentiment Consensus Rating: Sell

See more insights into BOIL stock on TipRanks’ Stock Analysis page.

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