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Oil companies turn to EV charging as fuel sales decline

July 24, 2025

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Oil marketing companies in a number of African countries are recording a decline in fuel sales due to depressed economies and the rise of electric vehicles, forcing them to turn to new revenue streams, mainly EV charging and food. In South Africa, a study by Nedbank’s research partner, Trade Intelligence, shows that fuel retail sales dropped 7.6% over the last five years.

  • Oil companies' growing investment in charging is key for rapid scaling of infrastructure given their accessible service station networks and strong capital backing.  

  • More charging stations, especially fast chargers, could bring charging costs down. Current charging costs remain high as the few private investors in the space race to recoup their investment. 

  • Our take: Fuel stations that have EV chargers are likely to get more foot traffic and will generate more non-fuel revenue… Read more (2 min)

The labour market in the electric mobility sector declined by 2.45% in the past month, the Mobility Rising Staff Index shows. It measures the change in the number of jobs available, number of companies advertising jobs, and the most recent shift in our sector salary survey. It also tracks the change in the number of staff and attrition rate at the top ten companies. 

  • The Index went down from 282.9 in June to 276 in July. This was mainly driven by a 16.6% decrease in the number of electric mobility jobs advertised during the period.   

  • Our analysis shows that the number of jobs advertised by electric mobility companies across Africa declined from 102 in June to 85 in July. This is the lowest since May when 75 jobs were advertised. 

  • Our take: Tesla is expected to continue to top hiring on the continent following its recent entry into Morocco… Read more (2 min)

Mobility Rising has tracked 23 new vacancies advertised this week across the African electric mobility sector. MAX and M-Kopa lead hiring with eight roles each, actively recruiting for operational, sales and managerial roles in Nigeria, Kenya, and Uganda. BasiGo, Dodai, Charge and Mogo also opened hiring windows, targeting specialised and support functions.

  • East Africa accounted for the majority of listings (13 roles), followed by West Africa (8 roles), and Southern Africa (2 roles). No new job postings were tracked in North Africa this week.

  • Roles advertised spanned operations, sales, product management, customer retention, inventory and engineering. Companies are looking for both on-ground operatives and mid-level managers to support fleet operations, sales growth and digital service delivery.

  • View the full list here… (2 min)

Kurhula Baloyi, Founder of Sum1 Investments, tries a Shovebike electric bicycle in South Africa

 

Events

🗓️ Register for Battery Metals Forum in DRC (Sept 29)

🗓️ Attend Africa E-mobility Week in Ethiopia (Oct 14)

🗓️ Prepare for Africa Investment Forum in Morocco (Nov 26)

Various 

🚘 Ghabbour Auto launches Genesis, a premium electric vehicle brand, in Egypt

🤝 Zembo partners with MAMIDECOT to promote EV consumer financing

🛠️ ChrisnelSA is set to open its cutting-edge EV/HEV Service Workshop in August

Seen on LinkedIn 

Yonas Sbhat, Head of Road Freight at DHL, says,”Across the continent, homegrown startups are designing and assembling electric vehicles tailored to Africa’s unique logistics needs—from solar-powered cold chains to pharma-grade delivery vans.”