Leading the Way in Malawi’s Fuel Retail Sector
Puma Energy Malawi, a leading oil marketing company in the country, is driven by a mission to maintain its position as a top player in the fuel retail sector. Under the guidance of newly appointed Managing Director Steveria Kadangwe, the company aims to continue expanding its operations nationwide. With a current market share of 23 percent, Puma Energy Malawi boasts an impressive network of 84 retail sites across all 28 districts in the country. This extensive reach enables the company to cater to the diverse needs of its customers, particularly in remote communities where access to fuel can be limited.
Key Objectives and Commitments
To achieve its ambitious goals, Puma Energy Malawi has set several key objectives and commitments. Some of these include:
- Ensuring access to fuel in remote communities, even in areas with limited infrastructure
- Safeguarding the security of supply, high-quality fuel approved to international standards
- Fast turnaround times to meet the evolving needs of customers
In addition to these core objectives, Puma Energy Malawi is committed to investing in renewable energy products, such as solar PV, to reduce its carbon footprint and promote sustainable energy practices.
Renewable Energy Initiatives
The company has already made significant strides in this area, with 18 solar systems operating in Malawi, delivering low-carbon power to its customers. Additionally, 14 retail sites are connected to solar power, and all four depots are equipped with solar panels as part of a $33 million investment across Africa.
| Country | Number of Solar Systems | Number of Retail Sites Connected to Solar Power | Number of Depots with Solar Panels |
| Africa (including Malawi) | 18 | 14 | 4 |
Leadership and Experience
Steveria Kadangwe, the newly appointed Managing Director of Puma Energy Malawi, brings extensive leadership experience in the energy sector, with over 17 years of experience in the fuel industry. Prior to her appointment, she served as the Deputy Managing Director of Puma Energy Ghana. Kadangwe holds a bachelor’s degree in Business Administration from the University of Malawi and an MBA from Heriot-Watt University.
Quote from Steveria Kadangwe
“Puma Energy Malawi is committed to continuous investment into Malawi. As a corporate citizen, we pride ourselves with playing an active role in contributing to economic growth. We are optimistic in embracing and finding solutions to better serve our partners, customers and consumers within the scope of economic challenges the country faces.”
In conclusion, Puma Energy Malawi is well-positioned to continue its growth and expansion plans, driven by its commitment to delivering high-quality fuel, ensuring access to fuel in remote communities, and investing in renewable energy initiatives. With Steveria Kadangwe at the helm, the company is poised to make a positive impact on the Malawian economy and contribute to the country’s sustainable development.