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Movehub Limited Creating petroleum solutions for Africa and beyond.

Cover image of Movehub Limited, Clean technology and energy venture on VC4A

Providing Ghanaian owned oil marketing companies (OMCs) petroleum stock funding for their filling stations. Our goals is to keep the lifeline of these companies active, which is making sure the filling stations are constantly stocked.
Average sale of gasoil and gasoline in Ghana is $3.9 billion/ year. Our target market, who are new and struggling OMCs sell an average $796 million/ year. The market is dominated by 6 foreign, 1 state owned and a few strategically aligned Ghanaian OMCs.
What our target market lacks is a management structure and financial discipline which ultimately affects access to stocks. Our product funding comes along with a compulsory restructuring programme, targeted at ensuring accountability, prudence, increase in sales and ultimately growth.
Our goal is to expand into other African countries, to create a thriving petroleum downstream dominated by thriving African entrepreneurs and building businesses that outlive the owners.

Sectors Clean technology and energy, Consulting and business development, Logistics
Location Accra, Ghana
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