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Agapet

Agapet is a Ghanaian private-sector oil marketing company operating fuel retail stations and supplying fuel, lubricants and convenience services across Ghana.

Last updated September 28, 2026

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Overview

Agapet (Ghana) Limited is a private-sector oil marketing company (OMC) based in Ghana. According to its official website, the company was set up in response to growing demand for petroleum retail station services and to fill the gap left by established multinationals that only operate in specific locations, neglecting other areas that equally need such services. Agapet was licensed in May 2003 and started operations in June of the same year. It describes itself as one of the fast-growing companies in the industry and operates in eight of Ghana's ten regions. Agapet's core business is the retail of fuel and lubricants through a network of branded outlets, complemented by convenient shopping services for the general public. Beyond retail, the company supplies fuel to the manufacturing, agricultural and haulage sectors of the economy. Its outlet list includes locations such as Agapet-Aflao, Agapet-Tema Comm. 9, Agapet-Spintex, Agapet-Dobbro, Agapet-Dawhenya, Agapet-Somanya, Agapet-Kukurantumi, Agapet-Kumasi (two stations), Agapet-Sunyani (two), Agapet-Techiman (two), Agapet-Takoradi, Agapet-Dormaa Ahenkro, Agapet-Nkrankwanta, Agapet-Berekum, Agapet-JiniJini, Agapet-Goaso, Agapet-Kpedze, Agapet-Ziope, Agapet-Half Asini, Agapet-Sege, Agapet-Afiadenyigba, Agapet-Abor, Agapet-Donkona and Agapet-Dunkwa-on-Offin, among others. The company states that Tema Oil Refinery (TOR) and the Bulk Distribution Companies (BDC) rated Agapet high among the Indigenous Oil Marketing Companies (OMCs) that do business with them. Its strategic assets are described as including 40 consumer retail stations and 8 bulk assets. Agapet's stated ultimate goal is to become one of the key players in the Ghanaian downstream petroleum sector, and it has developed a new business plan to capture new areas arising from the de-regulation of the petroleum industry in Ghana. The company emphasizes training and retraining of salesmen, salesgirls and pump attendants to deliver quality customer care, and it seeks to network with industry players and stakeholders. Agapet is a privately held company. Its board of directors is chaired by Mr. Emmanuel A. Abledu, with Dr. David Ka... also listed among the directors. The company's operations are concentrated in Ghana, where it competes with both multinational and indigenous oil marketing companies in the downstream petroleum sector.

History

Agapet (Ghana) Limited was established in response to growing demand for petroleum retail station services in Ghana and to fill the gap left by established multinational oil companies that only operated in specific locations, neglecting other areas that equally needed such services. The company was licensed in May 2003 and commenced operations in June of the same year. According to its official website, Agapet grew faster than its promoters had envisaged, an achievement it describes as enviable. Tema Oil Refinery (TOR) and the Bulk Distribution Companies (BDC) rated Agapet high among the Indigenous Oil Marketing Companies (OMCs) that do business with them. The company's growth has been guided by a philosophy of orderly expansion within well-thought-out strategies and programs, as stated by its directors. Agapet operates in eight of Ghana's ten regions and has built a network of branded retail outlets across the country, including multiple stations in Kumasi, Sunyani and Techiman. Its strategic assets are described as including 40 consumer retail stations and 8 bulk assets. Agapet's business outlook is tied to the de-regulation of Ghana's petroleum sector, which began in 1995 and ended the monopoly of the Ghana National Petroleum Corporation (GNPC) in the downstream market. In response to de-regulation, Agapet developed a new business plan to capture new areas it was venturing into. The company's stated ultimate goal is to become one of the key players in the Ghanaian downstream petroleum sector. It also emphasizes investment in human resources through training and retraining programs for sales staff and pump attendants, and it seeks to network with industry players and stakeholders to achieve its objectives. Agapet remains a privately held company. Its board of directors is chaired by Mr. Emmanuel A. Abledu, with Dr. David Ka... also serving as a director. The company continues to operate fuel retail stations and supply fuel, lubricants and convenience services across Ghana.

  • 2003

    Licensed in May 2003

  • 2003

    Started operations in June 2003

  • 1995

    De-regulation of the entire petroleum sector started in Ghana

Products and positioning

Indigenous Ghanaian oil marketing company focused on filling service gaps left by multinationals, with a goal to become a key player in Ghana's downstream petroleum sector.

  • Fuel (petrol, diesel)

  • Lubricants

  • Convenience shopping services

Sources4 sources

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