Vivo Energy

Vivo Energy

Pan-African fuel retailer and distributor

Overview

Vivo Energy distributes Shell- and Engen-branded fuels across Africa through a network of about 4,000 service stations in 28 markets, serving both retail customers and commercial clients. Its retail arm provides fuels plus non-fuel services like convenience stores, quick-service restaurants, oil changes, and car washes, while its commercial division supplies fuels, lubricants, and LPG to mining, construction, aviation, and marine customers. The company differentiates itself with exclusive licenses to market Shell-branded products in its markets, a broad pan-African footprint, and a portfolio that includes Engen assets alongside consumer and industrial fuel solutions. Its goal is to grow its footprint and leadership in Africa’s downstream petroleum market by expanding its network, service offerings, and customer base across multiple sectors.

Significant Headcount Growth

About Vivo Energy

Simplify's Rating
Why Vivo Energy is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Automotive & Transportation

Energy

Consumer Goods

Company Size

5,001-10,000

Company Stage

Acquired

Total Funding

N/A

Headquarters

London, United Kingdom

Founded

2011

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Simplify's Take

What believers are saying

  • 30 June 2026 interim results showed stronger cash generation and lower net debt.
  • August 2026 SUN Mobility launch targets 2,500 stations and 160,000 vehicles across Africa.
  • July 2026 Namibia sale and Malawi-Rwanda exit recycle capital toward higher-return markets.

What critics are saying

  • 2026 divestitures in Namibia, Rwanda, and Malawi signal weaker strategic conviction in those markets.
  • Jordan integration from July 2026 strains management while Engen rebranding absorbs capital.
  • If EV swaps scale faster, retail fuel volumes collapse and forecourts become convenience sites.

What makes Vivo Energy unique

  • Shell and Engen brands give Vivo Energy 4,200 stations across 29 markets, 2026.
  • July 2026 Jordan acquisition added 180 stations, strengthening its multi-brand footprint.
  • August 2026 Kenya battery swapping turns forecourts into shared EV infrastructure.

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Funding

Total Funding

$0

Below

Industry Average

Funded Over

1 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Performance Bonus

Profit Sharing

Training Programs

Growth & Insights and Company News

Headcount

6 month growth

↑ 9%

1 year growth

↑ 9%

2 year growth

↑ 9%
Galaxy FM Uganda
Aug 27th, 2026
Vivo Energy Uganda launches new Shell Advance AX7 "Linya Levo" Campaign to boost boda boda performance.

Vivo Energy Uganda launches new Shell Advance AX7 "Linya Levo" Campaign to boost boda boda performance. August 27, 2026 | SK OMUZINNYI. Vivo Energy Uganda, the company that distributes and markets Shell-branded fuels and lubricants, has launched a synthetic-blend motorcycle engine oil, Shell Advance AX7 10W-40, through the latest "Linya Levo" campaign. The nationwide initiative introduces a high-performance motorcycle lubricant engineered to help riders travel further on every litre of fuel while delivering superior engine protection under Uganda's demanding road conditions. Shell Advance AX7 10W-40 provides extended service intervals by delivering up to 7,000 kilometres between oil changes, effectively extending the routine servicing interval to three to four weeks. These performance gains offer critical economic benefits for Uganda's riding community, particularly the thousands of boda-boda commercial riders who depend on their motorcycles for daily income. Shell Advance AX7 10W-40 improves fuel economy by up to three kilometres per litre compared to ordinary mineral engine oils, which helps riders reduce their daily fuel costs. Because of its advanced formulation, it offers 36% greater protection against engine wear by reducing friction between critical components, keeps engine pistons 33% cleaner, and provides 29% better thermal protection at high operating temperatures. This maintains peak engine performance and extends the life of the motorcycle. "At Vivo Energy, we recognise that for many Ugandans, a motorcycle is far more than a machine; it is a business, a livelihood, and a family's primary source of income," said Joanita Mukasa Menya, Managing Director of Vivo Energy Uganda. "The "Linya Levo" campaign represents strength, resilience, and the confidence to keep moving forward despite tough economic conditions. We engineered Shell Advance AX7 to work as hard as the people who rely on it, helping riders lower running costs, prevent costly breakdowns, and maximise their daily earnings," she added. ' width='300' height='120' style='border:none; overflow:hidden;'> The Shell Advance AX7 'Linya Levo' campaign aims to promote a culture of proactive motorcycle maintenance across the country. Over the coming months, Vivo Energy Uganda will engage riders, motorcycle mechanics, garage owners, and motoring enthusiasts to highlight the role premium synthetic-technology lubricants play in reducing operational costs. "We want to reward our riders immediately while helping them protect their investments for the long term," explained Francis Kayoki, Lubricants Sales Manager at Vivo Energy Uganda. "To participate, riders must simply purchase a one-litre pack of Shell Advance AX7 10W-40 from any Shell station or authorised spare-parts dealer, peel back the seal, dial *295*3#, and enter the unique product code. Participants instantly stand a chance to win airtime, high-visibility jackets, keyrings, and merchandise relevant to their operations." Representatives from the commercial motorcycle sector have welcomed the initiative, noting that fuel expenses and mechanical downtime remain the single largest threats to a rider's daily take-home pay. By shifting local maintenance culture towards high-performance lubricants, riders can keep their vehicles on the road longer and operate more profitably. The Shell Advance AX7 'Linya Levo' campaign reinforces Vivo Energy Uganda's commitment to delivering innovative, value-driven energy solutions tailored to the evolving needs of Uganda's transport sector - https://www.youtube.com/watch?v=B9nSmDh33mU&t=1s

Business Focus
Aug 26th, 2026
Vivo Energy unveils new Shell Advance AX7 to boost boda-boda performance, cut costs.

Vivo Energy unveils new Shell Advance AX7 to boost boda-boda performance, cut costs. Vivo Energy Uganda staff pose for a group photo after the launch. Vivo Energy Uganda, the distributor and marketer of Shell-branded fuels and lubricants, has launched Shell Advance AX7 10W-40, a synthetic-blend motorcycle engine oil designed to improve fuel economy and engine protection. The new product was unveiled on Tuesday at the UMA Show Grounds in Lugogo, Kampala, under the nationwide "Linya Levo" campaign. According to Vivo Energy, the high-performance lubricant is engineered for Uganda's demanding road conditions, helping riders travel further on every litre of fuel while extending service intervals. Shell Advance AX7 10W-40 delivers up to 7,000 kilometres between oil changes, effectively extending routine servicing to three to four weeks. This offers significant economic benefits for commercial boda-boda riders who depend on their motorcycles for daily income. The oil improves fuel economy by up to three kilometres per litre compared to ordinary mineral oils, reducing daily fuel costs. Its advanced formulation also offers 36 percent greater protection against engine wear by reducing friction, keeps pistons 33 percent cleaner, and provides 29 percent better thermal protection at high temperatures. "At Vivo Energy, we recognise that for many Ugandans, a motorcycle is far more than a machine; it is a business, a livelihood, and a family's primary source of income," said Joanita Mukasa Menya, Managing Director of Vivo Energy Uganda. "The 'Linya Levo' campaign represents strength, resilience, and the confidence to keep moving forward despite tough economic conditions. We engineered Shell Advance AX7 to work as hard as the people who rely on it, helping riders lower running costs, prevent costly breakdowns, and maximise their daily earnings," she added. The campaign aims to promote a culture of proactive motorcycle maintenance across the country. In the coming months, Vivo Energy will engage riders, mechanics, garage owners, and motoring enthusiasts on the role of premium synthetic lubricants in reducing operational costs. "We want to reward our riders immediately while helping them protect their investments for the long term," said Francis Kayoki, Lubricants Sales Manager at Vivo Energy Uganda. "To participate, riders simply purchase a one-litre pack of Shell Advance AX7 10W-40 from any Shell station or authorised spare-parts dealer, peel back the seal, dial *295*3#, and enter the unique product code. Participants instantly stand a chance to win airtime, high-visibility jackets, keyrings, and merchandise relevant to their operations," he explained. Representatives from the commercial motorcycle sector and the Uganda Bikers Association welcomed the launch, noting that fuel expenses and mechanical downtime remain the biggest threats to a rider's daily income. Angela Semukutu, President of the Uganda Bikers Association, described the unveiling of AX7 as timely.

GreenPath Africa
Aug 24th, 2026
SUN Mobility and Vivo Energy launch open-architecture battery swapping network in Kenya.

SUN Mobility and Vivo Energy launch open-architecture battery swapping network in Kenya. Supported by 35 initial stations across Nairobi and Mombasa, the universal network eliminates the need for proprietary charging infrastructure, offering up to 35 percent operational savings for commercial riders and laying the groundwork for a broader pan-African expansion. Last updated: August 25, 2026 SUN Mobility, in partnership with Vivo Energy, has officially launched its open-architecture battery swapping ecosystem in Kenya, establishing the country as the launchpad for its broader rollout across Africa. The network is currently live with 35 swapping stations deployed across Nairobi and Mombasa, supporting electric motorcycles, scooters, passenger tuk-tuks, and cargo three-wheelers. By providing a shared infrastructure for multiple vehicle manufacturers, the system eliminates the need for individual brands to invest in proprietary charging setups, lowering barriers to entry and accelerating electric vehicle adoption across the region. The entry of SUN Mobility aligns with Kenya's accelerating transition toward green mobility, supported by initiatives like the government's National Electric Mobility Policy. At the launch event, the company demonstrated compatible vehicles from over ten global manufacturing partners, including Afrina Neopower, BGauss, Fika Mobility, Motovolt, Odysse, Piaggio, QJ-YY, Sprocomm, VMoto, and Wylex. These vehicles are slated to roll out to commercial riders and fleet operators in Kenya over the coming weeks. For fleet operators and commercial riders facing elevated fuel prices, the battery swapping model provides immediate operational savings. SUN Mobility estimates that riders covering 100 kilometers per day can cut running costs by 20 percent compared to petrol-equivalent vehicles. In comparison, those traveling 150 kilometers daily can see savings reach up to 35 percent. The Kenyan expansion relies on SUN Mobility's technology suite, developed over 9 years and backed by more than 450 patents, design registrations, and trademarks. The ecosystem features high-throughput, thermally controlled Quick Interchange Stations, swappable Smart Batteries, and a cloud-based Smart Network platform that tracks hardware assets and manages system maintenance. This architecture has already been deployed at scale in India, where it currently powers over 125,000 vehicles across 2,000 stations in 25 cities. The pan-African rollout relies heavily on Vivo Energy's extensive retail infrastructure, which spans more than 4,200 Shell and Engen branded service stations across 29 countries. By converting existing refueling stations into multi-energy hubs, the joint effort aims to make battery swapping easily accessible to commercial operators. Over the next five years, SUN Mobility plans to deploy 2,500 swapping stations across Africa to power more than 160,000 electric vehicles.

Business Today Kenya
Aug 23rd, 2026
SUN Mobility launches electric vehicle battery swapping network in Kenya.

SUN Mobility launches electric vehicle battery swapping network in Kenya. SUN Mobility is working closely with Vivo Energy to accelerate deployment across Africa. (Photo: PR Handout) SUN Mobility, a global leader in battery swapping technology, in partnership with Vivo Energy, has launched its open-architecture electric vehicle battery swapping ecosystem in Kenya, establishing the country as the launchpad for its Africa-wide rollout. With 35 stations already live across Nairobi and Mombasa, the ecosystem supports electric motorcycles, scooters, passenger tuk-tuks and cargo three-wheelers from multiple vehicle manufacturers integrated onto SUN Mobility's open architecture battery swapping ecosystem. This eliminates the need for vehicle manufacturers to invest in the development and roll out of proprietary swapping infrastructure, accelerating EV (electric vehicle) adoption while riders benefit from greater choice and a smooth swapping experience. With Africa's rising fuel costs, SUN Mobility's solution offers 20% savings versus petrol vehicles at 100 km per day and up to 35% at 150 km per day. Africa's electric mobility transition requires more than new vehicles. It needs a reliable, scalable battery swapping ecosystem that supports multiple vehicle manufacturers on a shared swap network. This enables vehicle manufacturers to focus on building vehicles and giving riders, fleets and financiers confidence in reliable access to energy. The launch builds on SUN Mobility's proven India platform, which already powers 125,000+ vehicles through 2,000+ stations across 25 cities and supports over 30+ vehicle manufacturers partners in India - proof that the platform works at scale. "By building an open architecture battery swapping ecosystem for multiple vehicle manufacturers and vehicle formats, we are giving riders greater choice, fleet operators more flexibility and financiers greater confidence that the vehicles they finance will remain supported by a reliable, independently operated battery-swapping network," said Ajay Goel, SUN Mobility's Co-Founder and CEO International Business. "For vehicle manufacturers and ecosystem partners, our platform offers a capital-efficient pathway to scale. Kenya is just the beginning of our long-term vision to build Africa's largest universal battery swapping network for electric mobility." SUN Mobility's platform has been developed fully in-house over the last nine years, and is backed by more than 450 patents, design registrations and trademarks. It comprises rugged, high-quality Smart Batteries that are built to the highest standards of safety and can be upgraded without any change to vehicles. The Quick Interchange Stations are both high-throughput and thermally controlled to ensure that batteries are charged quickly and safely before dispensing. The Smart Network, its proprietary cloud-based system, manages all assets and customer touchpoints providing smooth connectivity, tracking and maintenance across the network. At the Kenya launch, SUN Mobility showcased compatible vehicles from more than 10 partner vehicle manufacturers from across the world, such as Afrina Neopower, BGauss, Fika Mobility, Motovolt, Odysse, Piaggio, QJ-YY, Sprocomm, VMoto and Wylex, who are in process of rolling out these vehicles across Kenya in the coming weeks. The rollout is supported by an Africa-wide partnership with Vivo Energy, bringing SUN Mobility's battery swapping network to over 4,200 Shell and Engen-branded service stations across 29 countries in Africa and creating a convenient and accessible network of locations for riders. According to Hans Paulsen, EVP East & South - Africa, Vivo Energy, the partnership reflects the company's commitment to supporting Kenya's evolving energy needs and expanding access to cleaner mobility solutions. "SUN Mobility's model aligns closely with our Shell service station network. Much like we serve vehicles across different brands and categories through our shared refuelling network, SUN Mobility's open-architecture battery swapping network can support multiple electric vehicle manufacturers and vehicle types through one common network. By deploying this technology at locations where riders already stop every day, we can make the transition to electric mobility more accessible, convenient and scalable across Africa." Over the next five years, SUN Mobility plans to deploy more than 160,000 vehicles powered by 2,500 battery swapping stations across Africa. Kenya is the first step in a broader rollout with Vivo Energy, leveraging its pan-African retail network to transform fuel stations into multi-energy hubs accelerating scalable EV adoption across the continent. Bill Yaura is a Correspondent for Business Today. He can be reached on email: [email protected]

AptanTech
Aug 22nd, 2026
SUN Mobility unveils first open architecture battery swapping network in Kenya with over 10 partner vehicle manufacturers.

SUN Mobility unveils first open architecture battery swapping network in Kenya with over 10 partner vehicle manufacturers. SUN Mobility, a global leader in battery swapping technology, in partnership with Vivo Energy, today launched its open-architecture battery swapping ecosystem in Kenya, establishing the country as the launchpad for its Africa-wide rollout. With 35 stations already live across Nairobi and Mombasa, the ecosystem supports electric motorcycles, scooters, passenger tuk-tuks and cargo three-wheelers from multiple vehicle manufacturers integrated onto SUN Mobility's open architecture battery swapping ecosystem. This eliminates the need for vehicle manufacturers to invest in the development and roll out of proprietary swapping infrastructure, accelerating EV adoption while riders benefit from greater choice and a smooth swapping experience. With Africa's rising fuel costs, SUN Mobility's solution offers 20% savings versus petrol vehicles at 100 km per day and up to 35% at 150 km per day. Africa's electric mobility transition requires more than new vehicles. It needs a reliable, scalable battery swapping ecosystem that supports multiple vehicle manufacturers on a shared swap network. This enables vehicle manufacturers to focus on building vehicles and giving riders, fleets and financiers confidence in reliable access to energy. The launch builds on SUN Mobility's proven India platform, that already powers 125,000+ vehicles through 2,000+ stations across 25 cities and supports over 30+ vehicle manufacturers partners in India - proof that the platform works at scale. Technology product reviews Ajay Goel, SUN Mobility's co-founder and CEO International Business said: "By building an open architecture battery swapping ecosystem for multiple vehicle manufacturers and vehicle formats, we are giving riders greater choice, fleet operators more flexibility and financiers greater confidence that the vehicles they finance will remain supported by a reliable, independently operated battery-swapping network. For vehicle manufacturers and ecosystem partners, our platform offers a capital-efficient pathway to scale. Kenya is just the beginning of our long-term vision to build Africa's largest universal battery swapping network for electric mobility." SUN Mobility's platform has been developed fully in-house over the last nine years, and is backed by more than 450 patents, design registrations and trademarks. It comprises rugged, high-quality Smart Batteries that are built to the highest standards of safety and can be upgraded without any change to vehicles. The Quick Interchange Stations are both high-throughput and thermally controlled to ensure that batteries are charged quickly and safely before dispensing. The Smart Network, its proprietary cloud-based system, manages all assets and customer touchpoints providing smooth connectivity, tracking and maintenance across the network. At the Kenya launch, SUN Mobility showcased compatible vehicles from more than 10 partner vehicle manufacturers from across the world, such as Afrina Neopower, BGauss, Fika Mobility, Motovolt, Odysse, Piaggio, QJ-YY, Sprocomm, VMoto and Wylex, who are in process of rolling out these vehicles across Kenya in the coming weeks. The rollout is supported by an Africa-wide partnership with Vivo Energy, bringing SUN Mobility's battery swapping network to over 4,200 Shell and Engen-branded service stations across 29 countries in Africa and creating a convenient and accessible network of locations for riders. According to Hans Paulsen, EVP East & South - Africa, Vivo Energy, the partnership reflects the company's commitment to supporting Kenya's evolving energy needs and expanding access to cleaner mobility solutions. Small parcel delivery "SUN Mobility's model aligns closely with our Shell service station network. Much like we serve vehicles across different brands and categories through our shared refueling network, SUN Mobility's open-architecture battery swapping network can support multiple electric vehicle manufacturers and vehicle types through one common network. By deploying this technology at locations where riders already stop every day, we can make the transition to electric mobility more accessible, convenient and scalable across Africa." Over the next five years, SUN Mobility plans to deploy more than 160,000 vehicles powered by 2,500 battery swapping stations across Africa. Kenya is the first step in a broader rollout with Vivo Energy, leveraging its pan-African retail network to transform fuel stations into multi-energy hubs accelerating scalable EV adoption across the continent. SUN Mobility is a technology-first electric mobility company building an ecosystem for clean affordable transportation powered by its open-architecture battery swapping platform that is vehicle-agnostic and proven at scale. Founded by SUN Group and Maini Group in 2017, SUN Mobility is backed by leading strategic and financial investors including Bosch, a global leader in automotive technology; Vitol, a global energy company and parent of Vivo Energy; Indian Oil, India's largest oil company; and Helios Climate, Africa's premier climate-focused investment platform. Through Indofast Energy, its 50:50 joint venture with Indian Oil, SUN Mobility operates more than 2,000 battery-swapping stations across 25 cities in India, powering more than 125,000 electric two- and three-wheelers. Together, these vehicles have completed more than 70 million swaps and covered 2 billion kilometers, avoiding over 98,000 tons of carbon emission - equivalent to planting 4.5 million trees. Tractor sales Kenya With its technology proven at scale in India, SUN Mobility is now expanding globally with Kenya as its launch market in Africa and is working closely with Vivo Energy to accelerate deployment across Africa. The Vivo Energy Group operates and markets its products in countries across Africa, the Indian Ocean Islands and Jordan. The extended Group has a network of over 4,200 service stations in 29 markets operating under the Engen and Shell brands and exports lubricants to a number of other African countries. Its retail offering includes fuels, lubricants, card services, convenience stores, restaurants, and other non-fuel services. It provides fuels, lubricants, liquefied petroleum gas (LPG) and chemicals to business customers across a range of sectors including marine, aviation, mining, construction, power, transport, agriculture and manufacturing. It is continuing to develop innovative energy solutions to enhance sustainability. The Company employs around 6,000 people and has access to over 2.1 billion litres of fuel storage capacity.

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