Kpler announced the acquisition of CITAC, a market intelligence firm focused on Africa’s downstream energy sector, expanding the company’s suite of trade intelligence tools and strengthening its global Insight offering.
The deal enhances Kpler’s capabilities across African refining, trading, and product flows, giving clients more granular visibility into one of the energy industry’s most strategically important and underserved markets. CITAC’s intelligence will be integrated into Kpler’s global analytics platform.
CITAC brings more than 25 years of regional expertise, a proprietary data network, and long-standing relationships across the African energy ecosystem. The company also serves as a retained advisor to the African Refiners and Distributors Association (ARDA).
According to Kpler, the acquisition establishes a stronger strategic presence in Africa while creating opportunities to expand CITAC’s coverage through Kpler’s global go-to-market infrastructure. The company said the combination will further strengthen its position in energy research and help customers make more informed trading decisions using differentiated market intelligence.
KEY QUOTE:
“This acquisition is about delivering sharper, more actionable insights to our clients. CITAC brings unparalleled expertise in a complex and fast-evolving region, and integrating it into Kpler’s platform of trade intelligence tools will significantly enhance the depth and quality of our offering. It’s a powerful step forward in helping our clients make better-informed decisions in the markets that matter most for future growth.”
Mark Cunningham, CEO, Kpler
