Kenya: Vivo Controls the First Quarter of 2022’s Sales of Fuel.

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In the fiscal year that ended in June 2022, Vivo Energy Kenya, a retailer of Shell-branded fuels, was responsible for almost a quarter of all sales of gasoline, diesel, and kerosene, which is an indication of the influence of the company’s sizable footprint across the nation.

Vivo Energy sold 1.367 billion liters, or 23.83 percent of the fuel imported into Kenya during the time period under consideration, according to the most recent industry data from the Energy and Petroleum Regulatory Authority (Epra).

In its most recent expansion plans, Vivo had stated that it would open 20 more gas stations across the nation by the end of the previous year. Due to its strong sales, Vivo increased its revenues by Sh27 billion in the six months that ended in June of last year.

Some of the delays have compelled some of the local dealers to close shop as the multinationals move in to take over their markets by increasing their distribution of fuel stations.

BDA

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