Vivo Energy, MTN sign pact
Vivo Energy, the company that distributes and markets Shell-branded products in 16 African markets, including Ghana, and MTN has signed an agreement to expand their footprint by providing services to their growing customer base.
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By this, both companies aim to provide their customers with more points of service across Vivo Energy’s network at Shell service stations.
It will initially be rolled out in five markets; Botswana, Ivory Coast, Guinea Conakry, Ghana and Uganda, where Vivo Energy and MTN currently overlap.
A release from the company said “The scope of the alliance includes the following: Shell service stations will be cash in and cash out points for MTN Mobile Money customers; Shell service stations will provide float to MTN Mobile Money agents; MTN Mobile Money will be accepted as a mode of payment for products and service in all Shell service stations and Shell service stations will stock and sell MTN airtime through MTN Mobile Money.”
It quoted Mr David Mureithi, Executive Vice President Supply & Marketing at Vivo Energy, as saying that “This alliance confirms Vivo Energy’s objective to continuously bring innovative solutions to our growing number of customers.”
He said “African markets have been driving the growth of mobile money over the past few years, and with the increasing use of mobile technology in the continent, it will be touching even more Africans in the near future.”
“We are confident that together with MTN, we shall remain at the forefront and offer our customers the opportunity to use a modern money transfer and payment tool at our service stations,” he added.
The MTN Group Chief Commercial Officer, Mr Pieter Verkade, for his part, also noted that “partnerships such as the one we have established with Vivo Energy present an opportunity for MTN to make the lives of millions of MTN Mobile Money customers a whole lot brighter by adding more convenient, easily accessible mobile money merchants to our already extensive footprint.”
