NAIROBI, Kenya, Nov 16 – Pesapal has entered into a partnership with KCB Bank Kenya to digitize and modernize fuel station operations across East Africa, targeting more than 10,000 fuel dealers through the rollout of Pesapal’s Forecourt Management Solution.
The platform integrates fuel dispensing, sales monitoring, inventory management, payment processing and financial reconciliation into a single digital system. It is designed to eliminate manual processes that have long exposed fuel dealers to losses, inefficiencies and operational blind spots.
The technology also aims to resolve key industry challenges such as inventory shrinkage, inaccurate records, and limited access to credit—issues that have hindered the growth and sustainability of fuel station operators.
“Pesapal has spent years developing deep expertise in fuel industry digitization, working closely with oil marketing companies, fleet operators, and dealers to understand their unique challenges,” said Pesapal Founder, Agosta Liko.
“Combined with KCB’s nationwide reach and innovative financing, our technology will enable dealers to modernize operations, eliminate revenue leakage, achieve regulatory compliance, and, for the first time, access growth capital based on verified performance,” he added.
Using real-time performance data captured through the system, KCB will be able to assess credit risk more accurately and extend stock financing and working capital support to fuel dealers. The shift to data-driven lending marks a notable change in how banks and fintechs collaborate to support the petroleum sector.
“The rollout of this framework is a clear demonstration of our commitment to utilizing technology and innovation to provide holistic solutions to our customers in the oil and gas sector,” said KCB Bank Kenya Managing Director, Annastacia Kimtai.
“We are going beyond financing to support operational efficiency, sustainability, and growth across the entire oil and gas value chain,” she said.
East Africa’s petroleum sector is undergoing rapid change as regulators tighten oversight, customers demand more digital services, and operators face growing pressure to enhance transparency. The adoption of integrated digital systems is increasingly seen as essential for competitiveness and compliance in the region’s fuel retail market.
