Business Enquirer Issue 129 | PÉTRO IVOIRE | September 2024

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PÉTRO IVOIRE AT 30: LEADING CÔTE D'IVO-

IRE ENERGY TRANSITION WITH INNOVATION AND SUSTAINABILITY

PÉTRO IVOIRE AT 30: LEADING CÔTE D'IVOIRE ENERGY TRANSITION WITH INNOVATION AND SUSTAINABILITY

Positioned as a challenger in the sector, Pétro Ivoire ranks third in national fuel sales (following Total Côte d'Ivoire and Vivo Energy Côte d'Ivoire) with a market share of 12%, and ranks first in the gas segment with a market share of 32%.

"Pétro Ivoire is one of the flagships of the Ivorian economy, positioning itself as the Ivorian leader or pioneer among Ivorian companies in the oil and gas product distribution sector, which was initially dominated by multinationals," shared Managing Director Sébastien KadioMorokro.

Throughout its 30 year history, the business has achieved several major milestones, including the substantial development of its network to over 90 service stations.

Within its network, Pétro Ivoire has continued to expand by diversifying with its ChezNou boutiques, a place where visitors can relax as well as purchase basic necessities and promote products ‘Made In Côte d’Ivoire’, Additionally, its network includes Pétro Ivoire’s

Distributing Petroleum products, derivatives and services in Côte d'Ivoire, Pétro Ivoire is celebrating its third decade in business in 2024.

POINT S network of specialised vehicle maintenance centres.

Recently, the business also launched its first rapid electric vehicle charging station, reinforcing its commitment to the climate and the environment.

Commitment to the Environment

With Sebastien leading the business since 2010, the business has identified four major commitments: Ensure the human and professional development of men and women; Being an innovative, loyal and responsible company; Contribute to the development of our communities; and contributing to the climate and environment

Reflecting its commitment to climate and environment, Pétro Ivoire is making

PÉTRO IVOIRE

PROJECT DIRECTED BY: ADEL MHIRI

ARTICLE WRITTEN BY: LAURA WATLING

Managing Director Sébastien Kadio-Morokro.

Since 1964, we’ve specialized in petroleum and industrial maintenance in Côted’Ivoire. Our expertise spans petroleum, fire protection, energy (generators, compressors, workshop equipment), hoses, and geolocation. Our dedicated departments ensure the optimal performance and reliability of your equipment. Trust our recognized expertise to enhance productivity and ensure seamless operation.

COCITAM

Since its establishment in 1964, Compagnie Côte Ivoirienne pour Tous Appareillages Mécaniques (COCITAM) has stood as a pillar in the petroleum and industrial sectors of Côte d'Ivoire. With a solid reputation for excellence, COCITAM specializes in providing top-tier maintenance services that ensure the optimal performance and reliability of a wide range of industrial nd petroleum equipment. The company's longstanding commitment to quality, safety, and customer satisfaction has earned it a position of trust and respect in the industry, exemplified by its enduring partnership with Petro Ivoire.

Expertise and Specialization:

COCITAM’s expertise lies in the distribution, installation, and maintenance of both petroleum and industrial equipment. The company handles a comprehensive array of petroleum equipment, including fuel dispensers, pumps, POS systems, gauges, management terminals, tanks, and centrifuges. On the industrial side, COCITAM provides and maintains essential equipment such as fire protection systems, generators, air compressors, lighting, and hoses. While the scope of COCITAM's operations is broad, its primary focus remains on maintenance—a crucial element that underpins all of its activities. This focus on maintenance enables COCITAM to ensure that equipment not only functions efficiently but also has an extended operational lifespan.

Core Services:

Preventive and Corrective Maintenance:

At the heart of COCITAM’s service offering is its comprehensive maintenance programs. Preventive maintenance is designed to avert potential equipment failures, thus minimizing downtime and extending the lifespan of equipment. On the other hand, the company’s corrective maintenance services ensure that any issues are addressed swiftly and effectively, minimizing disruptions to operations.

Diagnostic Services:

Utilizing state-of-the-art diagnostic tools and technologies, COCITAM conducts thorough assessments to detect and diagnose potential issues before they become critical. This proactive approach helps in maintaining optimal performance and avoiding costly breakdowns.

Infrastructure Maintenance:

COCITAM provides specialized maintenance services for petroleum distribution and metering equipment, ensuring that these critical systems operate smoothly and reliably. Regular maintenance of this infrastructure is vital for the safety and efficiency of petroleum operations.

Inspection and Compliance Testing:

Adhering to the highest standards of safety and performance is a top priority for COCITAM. The company conducts regular inspections and compliance testing to ensure that all equipment meets industry regulations and safety standards.

Custom Solutions:

Understanding that each client’s needs are unique, COCITAM offers custom-engineered solutions designed to optimize industrial performance. This includes conducting feasibility studies to ensure the viability and efficiency of proposed systems.

Technical Training:

COCITAM provides specialized training programs for operators and technicians, equipping them with the knowledge and skills needed to operate and maintain equipment safely and effectively.

Optimization Consulting:

The company offers consulting services aimed at improving mechanical and industrial processes, thereby enhancing overall operational efficiency.

Technical Support and Spare Parts Inventory:

COCITAM’s commitment to customer support is evident in its robust technical support services and well-stocked inventory of spare parts. This ensures that clients receive prompt assistance and can quickly replace defective components, reducing downtime.

robust of

Commitment to Excellence:

COCITAM's success is built on a foundation of excellence, innovation, and customer-centric service. The company’s ability to deliver high-quality maintenance services and reliable equipment has made it a trusted partner in Côte d'Ivoire’s petroleum and industrial sectors. Its deep-rooted relationship with Petro Ivoire is a testament to its unwavering commitment to quality and customer satisfaction, which has remained the cornerstone of its operations for decades.

significant steps in preparing for the future of energy by investing in renewable energy and adopting innovative technologies such as electric vehicle charging stations.

“The inauguration of our first rapid electric vehicle charging station marks a turning point in our strategy to support the energy transition,” explained Sebastien.

Its EV charging station project represents the beginning of a larger deployment planned to meet the growing demand for sustainable mobility solutions.

“This initiative aligns with our commitment to sustainable practices, as evidenced by our triple ISO certification and CSR policy,” he added.

Furthering its commitment to the environment, Pétro Ivoire has launched several sustainability initiatives, such as implementing an energy-saving plan to reduce its carbon footprint and adopting rigorous environmental management practices.

“Our triple ISO 14001 certification reflects our commitment to environmentally friendly practices, and our CSR policy guides our approach to sustainability,” said Sebastein.

The business has been recognised by the Côte d'Ivoire government with the Hydrocarbons Sector Excellence Award, validating its leadership and commitment.

“This recognition complements our achievements in quality, sustainability, and safety, evidenced by our triple ISO certification,” commented Sebastien.

In 2024, the business holds ISO 9001, ISO 14001, and ISO 45001

Being the reference in health coverage in Senegal and the region is an excellent backdrop that goes beyond the core of our business. Without ignoring the quality of the services offered, which remains the cornerstone of our existence, the pursuit of this vision motivates us daily to take into consideration the expectations of our stakeholders while remaining a fully responsible mutual company. Thus, Transvie is the health insurer of the entire informal non-agricultural sector and of more than one thousand five hundred (1,500) public and private companies, all sectors of activity combined. With the launch in 2021 of the pension fund intended to offer a retirement model in Africa, Transvie will fulfill its dream of being an almost perfect social protection

system, designed by Africans and for Africans. A brokerage firm is being launched to provide a greater response to the needs of our clients.

A workforce of more than 80 people made it possible to make the vision, the strategic direction, which consists of:

• Opening up more to public and private companies

• Implement new products

• Establish a strong territorial presence with 24 agencies and representations in Senegal and the sub-region

• Allow the diaspora to offer health insurance to their family remaining in Senegal

• Digitize premium payments

Directeur Général Groupe Mr. Abdou Diagne

Innovation always imposes itself on us, justifying our desire to “Be the Reference” in health insurance.

- HEALTH

- PROVISION

- MICRO ASSURANCE

Turnkey solutions to help businesses transition to electric mobility, lower their carbon footprint and reduce operating costs.

Fast and smart EV Chargers.

IOT platform for vehicle and charger management.

Driver-Centric app to accelerate adoption.

Ideal for taxi and ride-hailing.

Optimised for weak electrical grids.

Electric Mobility in Emerging Economies: The Future is Now!

As the global EV market surges ahead in OECD countries, propelled by environmental concerns and government incentives, it’s easy to overlook the rising tide in emerging economies. But doing so would be a significant oversight.

With rapidly falling EV prices, driven by battery cost reductions achieved through large-scale manufacturing in China, the US, and Europe, the total cost of owning an electric vehicle can now be 25-50% lower than that of a fuel vehicle, particularly in many high-usage segments. On top of that, businesses transitioning to electric mobility can slash their carbon footprint by 50-90%, depending on the local energy mix. Yet, challenges remain in fully unlocking electric mobility’s potential—challenges that illigo is ready to tackle head-on.

1. Charging Infrastructure: Illigo offers a comprehensive solution to deploy, maintain, operate, and monetize EV chargers, even in areas with weak electrical grids, through our proprietary management software.

2. Financing: To ease the initial investment, illigo provides long-term rental options for electric cars, making the shift to electric more accessible.

3. Adoption: Our IoT platform seamlessly connects drivers to cars and chargers, enhancing the driving experience and allowing businesses to focus on their operations.

Ready to Drive the Future?

Join the electric mobility revolution with illigo. Whether you’re looking to reduce costs, cut your carbon footprint, or streamline your operations, we’ve got the solutions to power your journey.

Get Started Today!

Visit www.illigo.mobi to explore our offerings and see how we can accelerate your transition to electric mobility.

www.illigo.mobi

Customer Focussed Diversification

Since its inception, Pétro Ivoire has evolved significantly by diversifying its products and services, and adapting to market

As it moves into its next decade in business, its forecourt expansion strategy is based on a thorough analysis of market opportunities and the optimisation of its

“We aim to strengthen our presence in high-potential areas while maintaining high standards,” shared Sebastien.

In part, this standard is achieved by its continued focus on enhancing customer service. This has included the implementation of initiatives such as ongoing staff training, infrastructure improvements, and the adoption of digital solutions to facilitate transactions.

Internally, Pétro Ivoire has integrated digital tools for stock management, process automation, and customer data analysis, to improve efficiency and service.

From a customer perspective, the launch of the Pétro Ivoire app has further enhanced customer experience.

The application allows customers to search for the nearest Pétro Ivoire service station and check the available services. It also supports users in monitoring

transactions and budget via the LIBERTE Pétro Ivoire Card.

“We are a digitally oriented company, working to implement digital solutions that integrate the entire value chain,”

Sebastien said, “Digitisation plays a crucial role in improving our operations and customer service,”.

With Pétro Ivoire having such a significant impact on the economy in Côte d'Ivoire, Sebastien shared his thoughts for future entrepreneurs in the country, and beyond:

“I would advise aspiring entrepreneurs to focus on innovation, understand market needs, and aim for excellence by adopting responsible practices. Obtaining recognised certifications, like our triple ISO certification, and aligning strategies with a CSR policy are crucial for success in the energy sector. The Hydrocarbons Sector Excellence Award received by Pétro Ivoire exemplifies the impact that these practices can have on recognition and success”.

www.petroivoire.com

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