Xenom Energy

A transformative start-up building a cutting-edge B2B platform for easy access to petroleum products in Africa. By connecting independent fuel station owners to Oil Marketers through our tech-enabled and operations driven marketplace.

Project Stage

Scaling

Implementation time

1 - 6 months

Total Cost

$20,000.00

Last update: October 05, 2023

Overview Contributors

Challenge

In East Africa, there are more than 10,000 independent stations doing business of over US$25-billion in petroleum products. They typically lose up to 37% in sales due to challenges of restocking, lack of branding, business management skills and financing.

Description

Xenom is a marketplace platform for easy access to petroleum products in Africa with an end-to-end supply chain solution in the oil sector. The Xenom Energy marketplace enables independent station owners to order products at any time via SMS, the platform or the mobile app and receive timely delivery to the customer station. The platform makes it easier for independent station owners to source petroleum products and helps oil marketers ensure that their products are consistently available to consumers.

SDGs

Outcomes

Improved accessibility to petroleum products for independent station owners, increased profitability for station owners, job creation directly and indirectly, support for oil marketers in ensuring product availability to consumers.