ZEN Petroleum Limited, a wholly owned Ghanaian Oil Marketing Company (OMC) with over a decade-long track record of outstanding performance in operating as a world-class company, has been recognised in the Financial Times’ and Statista 2024 annual ranking of Africa’s fastest-growing companies for the third year in a row. This not only makes ZEN one of only seventeen (17) companies to feature in the list three(3) times in a row, but the only Ghanaian company to make the list three consecutive times.
As an industry leader, ZEN specialises in providing top-tier Fuels, Lubricants, and associated services to mining operations nationwide. Its rapidly expanding retail footprint boasts 52 active service stations, strategically positioned across Ghana for accessibility and convenience.
With a workforce exceeding 1200 employees and a monthly fuel distribution exceeding 30 million litres, ZEN consistently demonstrates its reliability, safety, and value as a fuel supplier to both industrial and retail sectors in Ghana.
The Africa’s Fastest Growing Companies 2024 ranks 100 companies in Africa according to their highest Compound Annual Growth (CAGR) in revenues between 2018 and 2021, based on specific criteria. A company should have generated revenue of at least US$100,000 in 2018, and at least US$1.5 million in 2021, to be included in the list. The company must also be independent, with its operational headquarters located in one of the African countries, with primarily organic revenue growth between 2018 and 2021.
In his remarks on ZEN’s ranking, the Managing Director of ZEN Petroleum Limited, Mr. William Tewiah noted his excitement and appreciation for the recognition. He said: “This recognition is indeed inspiring for me and the 1200 plus people who show up every day to ensure that our business keeps running effectively and efficiently. For us at ZEN, our commitment lies in delivering seamless services, sharing best practices, standardising service levels, and collaborating with customers on innovative cost-saving strategies. We remain focused on continuously optimising our processes to deliver the value our stakeholders expect.
Since its inception in 2010, ZEN has invested significantly in establishing a robust, secure, and dependable supply chain to ensure unwavering quality and prevent any co-mingling risks.Through its Bulk Distribution Company (BDC), Astra Oil Services, the company directly imports from reputable international brands like BP. Its dedicated storage facility, ZEN Terminals, with a capacity of 30,000 MT, is equipped with advanced infiltration systems to reduce particulate count and maintain superior quality. Complementing this, ZEN Transport ensures prompt and precise deliveries to all retail and mining clients across the nation.
ZEN’s unwavering commitment to service integrity and customer satisfaction has cultivated a loyal and appreciative customer base, who recognise the consistent value the company provides. Visit The ranking: Africa’s Fastest Growing Companies 2024 to learn more.
