Xenom Energy is a transformative start-up building a cutting-edge B2B marketplace 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. Fixing inefficient supply chains for the independent station owners and providing a sales platform where Oil marketers can easily sell out their petroleum products. The startup is tackling a massive issue – independent station owners in Eastern Africa alone do business of $25 billion annually. Xenom aims to provide independent station owners with unlimited access to cheap products, transportation and credit (savings upwards of 7%). To offer after sales services such as branding and loan for expansion (given the difficulty on station owners getting financing from banks).
|Stage||Startup stage EST May 2019|
|Sectors||Clean technology and energy, Fintech, Transport and logistics|
|Markets||Congo, Democratic Republic of the, Rwanda, South Sudan, Tanzania, United Republic of, Uganda|
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