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Originally published by Capital Business
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business
November 16, 2025
2mo ago

Pesapal, KCB partner to digitize fuel station operations in East Africa

Pesapal, KCB partner to digitize fuel station operations in East Africa

NAIROBI, Kenya, Nov 16 - Pesapal has entered into a partnership with KCB Bank Kenya to digitize and modernize fuel station operations across East Africa, Kenya breaking news | Kenya news today |..

✨ Key Highlights

Pesapal and KCB Bank Kenya have partnered to digitize and modernize operations for over 10,000 fuel dealers across East Africa 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 system, aiming to eliminate manual processes and address issues like inventory shrinkage and inaccurate records.
  • Agosta Liko, Founder of Pesapal, stated the technology will help dealers modernize operations, eliminate revenue leakage, achieve regulatory compliance, and access growth capital based on verified performance.
  • KCB Bank Kenya will use real-time performance data from the system to assess credit risk more accurately and extend stock financing and working capital support to fuel dealers, marking a shift towards data-driven lending in the petroleum sector.

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Part of the Day's Coverage

Partnerships Deploy Blockchain, AI, and Digital Payments in Kenya and East Africa - November 2025

The World Bank is deploying blockchain technology within Kenya's National Youth Opportunities Towards Advancement (NYOTA) Project to guarantee funds reach intended beneficiaries and improve accountability. Separately, Shamiri Institute in Kenya has launched shamiriAI, an artificial intelligence platform aimed at providing scalable mental health support to young people across Africa. This initiative positions Kenya as a hub for socially targeted AI solutions. In another partnership, Pesapal and KCB Bank Kenya are collaborating to digitize and modernize operations for over 10,000 fuel dealers across East Africa. This will be achieved through the rollout of Pesapal’s Forecourt Management Solution.

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