Vessel Size
25,000 Metric Tonnes
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- (214) 549-0540
It’s hard to overstate how much demand there is. If we had zero purchase orders and a shipload in the storage facility, we could easily sell every drop. Additionally we intend to be just under market price, so that demand always exceeds our ability to supply.
Customers are eager for other options. With shortages, political ineptitude, pricing and price collusion, onerous taxation, and aging refineries in South Africa, there is large demand for outside investors. There is very little personal wealth in South Africa and it is nearly impossible to get a loan.
Wind, solar, and hydro are almost nonexistent while nuclear provides just a fraction of the demand. One of the reasons this opportunity exists is that the quantities needed to make up the shortfall are not worth a dedicated trade route for large players like Shell, BP, Exxon, etc.
We are investing US Dollars, getting a South African Rand return, then converting this profit back in to US Dollars.
When the Rand strengthens, Foke make more money. Conversely, when the US Dollar strengthens, Foke make less money. Close monitoring of the exchange rates on a daily basis allows us to make every effort to mitigate this risk when possible. There are some instances when a hedge policy can be purchased to fix the price of the currency for a given amount of time
In times of volatile price swings, forward cover policies can be purchased to hedge large price increases or decreases. Contracts can be negotiated for variable terms and pricing.
COC = Cash on Collection
COD =Cash on Delivery
CIF = Cost, Insurance, and Freight
Foke Energy has made provision in their cost model for Keyman Life Insurance on the full funding amount of $15 million. The policies will be held by a reputable insurance house in South Africa such as Old Mutual, Sanlam, Momentum, Discovery or Alexander Forbes.
When our money is in the bank we have protection, when the ship is at sea, in the port, in the tanks or on the trucks we are insured by our strategic partners.
Foke Energy, LLC are open for business. All agreements are in place and available for due diligence purposes.
Foke Energy has several risk mitigation methods in place – currency hedge, diesel futures, and insurance – to protect the investment.
Clients pay immediately upon collection or delivery which ensures the model is always cash flow positive.
Additionally, Foke Energy holds the title to the diesel while in storage up until the user remits payment to begin loading the truck. This provides an additional layer of security and safety.
We understand the market and realize that no aspect of our business can rely on governments, major fuel companies, or any outside influences in order to be successful.
We are ready to ready engage with the right parties that will benefit all strategic partners.
Foke Energy, LLC anticipates offering a 25% (Twenty Five Percent) per annum return to any interested party willing and able to fund its additional capital requirement as described in this document.
The interest offered will be paid on a quarterly basis per the investor agreement document generally starting with the completion of the first vessel’s importing procedure. After the first year, investors will have the opportunity to withdraw their investment if they wish, though most prefer to keep their investment with Foke Energy.
Collateral and security remain in the value of the product:
Title is given to the funder (Foke Energy, LLC) by Petromoc SA once the diesel is in tank in Matola, Maputo.
From here onwards, the title holder releases batches of predetermined size/ volume to Bester to import into South Africa and is sold by a predetermined procedure and payment structure.
20 Gallons
10,000 Gallons
750 Truck Loads
Vessel Size
25,000 Metric Tonnes
1 Metric Tonne
1,170 Liters (Diesel’s Specific Gravity is 84.7%)
25,000 MT Vessel Load
29,250,000 Liters of Diesel Fuel
Price per Metric Tonne
$550 CIF based (US $0.47/Litre)
ROE on Jan 2023
R17.50/US$ (Commission Included)
MBT Petroleum is a Schedule C oil company, operating within the South African petroleum and lubricant sectors. MBT has submitted a Purchase Order for first shipload of diesel fuel.
Founded in 2005 by Francois Du Preez and Dreyer Van Niekerk and is the leading non-refining wholesaler of petroleum products within South Africa. Since our inception, Q4 has grown into one of the front-runners within an exceptionally competitive petroleum market.
Bulk Fuel Services is a company which specialises in the wholesale and distribution of bulk fuel products; Diesel 10ppm and 50ppm and both grades of ULP 93 & 95.
As a Wholesale Fuel Company they supply diesel from as little as 1500 liter per delivery and as large as required for the Agriculture, Mining, Transport, Manufacturing, and General Industry. They distribute about 20 million liters of fuel & 50 thousand liters of lubricants products every month.
Foke Energy partners in the purchase and resale of wholesale fossil fuels. We supply bulk diesel to areas where demand exceeds supply. We help fill the shortfall of local refineries by importing from offshore refineries.
Keith Engelbrecht’s proof of concept engagement began in 2018 with a small investment of $50k. After months of planning and many talks, Foke International was formed as a Texas LLC in November of 2019. Almost all of the initial investors were family, friends, golf & tennis pals. Keith took all the risk, managed the currency rates, and succeeded in multiplying investors’ money.
Foke I was funded Dec 2019 with investment of $140K. Followed by Foke II Sept 2020 with an additional $130K. Jan 2021 saw Foke III grow by another $265K. Foke IV Jan 2022 added $400K. Due to demand, Foke I experienced a reinvestment round of $265K bringing the current total to $1.2 million dollars. The initial participants in Foke I have almost seen a 100% return on their initial investment. Foke has seen current participants keep adding to their initial investments.
The new opportunity is now to increase the scale of this business by making a large step backward in the supply chain and securing our own source of bulk diesel. This requires a new structure – hence the birth of Foke Energy, LLC.
In only 4 short years, we are proud to state that no investor has ever pulled out of our current operation. We are currently distributing 130 to 150 loads per month with approximately 17 loads simultaneously every three days. Securing our own source of supply will allow us to triple the distribution in the next iteration with Foke Energy, LLC.