What Mocoh does

Mocoh SA is a Geneva-headquartered, privately-held physical commodity trading and supply company founded in 1997 (relocating to Geneva in 1998) that trades crude oil, refined oil products, lubricants, base oils and increasingly biofuels across Africa and international markets. Approximately 60% of the company's ~100 employees are based in Africa, with 14 offices globally including Lagos, Abuja, Dar es Salaam, Dubai and Geneva, and the firm states it handles ~90% of flow in and out of Africa within its traded book, sourcing ~60% of product internationally while serving customers that include refineries, state-owned oil companies, traders and independent distributors.

The group's commercial activity spans three principal streams: (1) core physical commodity trading of crude and oil products via direct enterprise relationships; (2) downstream retail and commercial fuel distribution through the wholly-owned MISA Energy subsidiary, which operates ~50 service stations and serves 50+ commercial customers in Nigeria with a growing solar-powered footprint; and (3) biofuels trading via Mocoh Sustainable Energy Trading (MSET), a 2024 joint venture with Clear Sustainable Energy Trading (CSET) that aggregates second-generation waste-based feedstocks from West Africa (collected via partner Bioscape) for export into global low-carbon fuel markets. Sister company Modaso Energy extends the platform into hybrid renewable power generation. The business model is transaction-fee based across physical trading, with B2B sales-led GTM motion built on 27 years of counterparty relationships and locally-employed trading teams.

Mocoh is founder-controlled under the Hacking family (Michael Hacking as founder/Chairman of MISA Group; Guy Hacking transitioned from CEO to non-executive Chairman effective January 1, 2025, with Olivier Lassagne assuming the CEO role) and has no disclosed external institutional capital. The company has signaled material financial capacity via $12 million and $4 million philanthropic pledges to the mc2h and AWE for Nature foundations respectively. There is no public revenue, ARR, profit, or headcount-growth disclosure, and ownership remains closely-held.

Name

Mocoh

Legal name

Mocoh SA

Website

https://mocoh.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

Mocoh is a Geneva-based private commodity trading firm that supplies crude oil, refined products, lubricants, base oils and biofuels to refineries, state-owned oil companies and distributors, with ~100 employees across 14 offices concentrated in African markets.

Ownership category

akta.pro rank

Product category

Energy Trading

NAICS

Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) (424720), Petroleum and Petroleum Products Merchant Wholesalers (4247)

SIC

Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172)

akta.pro primary industry

Branded Fuels Wholesaling & Jobber Distribution (EUALAIAB)

Keywords

• Crude oil trading
• Lubricants supply
• Biofuels distribution
• Petroleum logistics
• Energy commodities

Headquarters

HQ city

Geneva

HQ country

Switzerland

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Physical Commodity Trading: Trading of physical energy commodities including crude oil, refined oil products, lubricants, and base oils. Serves refineries, traders, state-owned oil companies, and independent distributors globally with 60% of product sourced internationally and 80% of customers located in Africa.
2. Biofuels Trading: Trading of cleaner energy solutions through Mocoh Sustainable Energy Trading (MSET), supplying low carbon fuels and feedstocks globally. Company collects, aggregates, upgrades and exports second generation waste-based feedstocks from West Africa.
3. Retail Fuel Operations: Operations through MISA Energy operating 50 service stations and over 50 commercial customers, delivering quality fuels, lubricants and logistics services with local team of over 100 staff.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Mocoh is an energy trading and supply company that physically trades crude oil, refined oil products, lubricants, base oils, and biofuels between international producers and African markets. It operates an integrated platform spanning commodity sourcing, logistics, storage, chartering, and downstream delivery through 14 offices worldwide, complemented by 50 service stations and renewable energy projects through affiliated entities.

Product overview

Mocoh is an energy trading and supply company operating a multi-product portfolio across Africa and globally. The core offerings include crude and oil products trading, lubricants and base oils, and biofuels (via the MSET joint venture with CSET). The company also operates through affiliated entities: MISA Energy manages a network of 50 service stations; Bioscape handles African biofuel feedstocks collection and export; and Modaso Energy develops renewable energy projects. The portfolio is supported by trading and logistics services and energy infrastructure operations, with 90% of flows directed in and out of Africa, 60% of employees based in Africa, and 27 years of trading experience.

Differentiator

Problem solved

Functional benefit

Products and services

• Crude and Oil Products Trading Physical commodity trading of crude oil and oil products. Customers include refineries, traders, state-owned oil companies, and independent distributors. Approximately 60% of traded product is sourced internationally while over 80% of customers are located in Africa.
• Lubricants and Base Oils Trading of lubricants and base oils with a broad network of partners and counterparts across Asia, Africa, and the Middle East. Enables sourcing and supplying products for manufacturing finished lubricants and greases worldwide, with product storage and chartering services.
• MISA Energy Service Station Network Operates 50 service stations and has over 50 commercial customers, delivering quality fuels, lubricants, and logistics services with a local team of over 100 staff. Growing number of stations are solar powered with plastic and used oil recycling facilities.
• Mocoh Sustainable Energy Trading (MSET) Biofuels trading company formed in partnership with Clear Sustainable Energy Trading (CSET), based in Geneva. Supplies cleaner energy solutions worldwide, contributing to global energy transition. Combines Mocoh's African footprint with CSET's low carbon fuel market experience.
• Modaso Energy Renewable Projects Developing world-class energy projects unlocking Africa's untapped renewable potential. Leverages falling renewable costs with advances in battery storage to create hybrid renewable power projects that generate low-cost, grid-compatible power.

Quantifiable outcome

• 60% of employees based in Africa providing local expertise
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

Seven partnerships are on record, tiered core, minor and secondary.

• Clear Sustainable Energy Trading (CSET)coreStrategic or Co-development Partner · 20 February 2024Joint venture partner for Mocoh Sustainable Energy Trading (MSET). MSET combines Mocoh's extensive African footprint and governance environment with CSET's low carbon fuel market experience to supply cleaner energy solutions worldwide.
• AWE for Nature FoundationcoreStrategic or Co-development Partner · 1 January 2024Mocoh is the inaugural funding partner, pledging $4 million to build a progressive conservation model for Africa. Currently developing a 200,000 ha pilot conservation project in the Zambezi Valley, Zimbabwe, a UNESCO World Heritage Site.
• mc2h foundationcoreStrategic or Co-development Partner · 1 January 2023Mocoh's core charitable partner focused on early years literacy in Africa. Mocoh has pledged $12 million to the foundation which works with 15 grassroots organisations delivering literacy programmes to children in rural and marginalised communities across West Africa.
• BioscapecoreStrategic or Co-development Partner · 1 January 2023Nigeria-based partner company pioneering collection and processing of Africa origin bio feedstocks. Bioscape collects, aggregates, upgrades and exports second generation waste-based feedstocks from West Africa for conversion into biodiesel and sustainable fuels.
• Happy ReadersminorStrategic or Co-development Partner · 1 January 2023Social enterprise literacy partner working with mc2h foundation. Delivers literacy programmes to primary and middle school pupils across Southern Africa, including reading materials and teacher training in Shamva district, Zimbabwe, reaching over 550 children.
• MISA EnergycoreOthersMocoh group company operating 50 service stations and 50+ commercial customers, delivering quality fuels, lubricants and logistics services with local team of over 100 staff. Growing number of stations are solar powered.
• Modaso EnergysecondaryOthersSister company developing world-class energy projects in Africa, leveraging falling renewable costs with advances in battery storage to create hybrid renewable power projects that generate low-cost, grid compatible power.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Trafigura: One of the world's largest independent commodity traders with significant African energy exposure across crude, refined products, and metals. Directly comparable physical-trading model and customer base (refineries, state oil companies, distributors), though at vastly larger scale.
• Vitol: Global independent energy trader handling crude, refined products, biofuels, and LNG with deep African downstream presence. Highly comparable trading and logistics model serving similar enterprise counterparties (refiners, NOCs, distributors).
• AOT Energy: Mid-sized Geneva-based independent oil trader specializing in refined products and distribution into emerging markets including Africa. Comparable scale and customer profile (independent distributors, emerging-market buyers).
• Gunvor Group: Geneva-headquartered independent trader of crude, refined products, and increasingly LNG and biofuels. Direct competitor in the same trading-floor ecosystem serving similar refiner/NOC counterparty base, though with significantly larger trading volumes.
• Mercuria Energy Trading: Independent Geneva-based commodity trader active in crude, refined products, and increasingly biofuels/sustainable energy. Comparable geographic and product footprint, particularly across Africa and the Middle East.
• BB Energy: Independent mid-sized oil trader with strong African and Middle East presence in refined products and base oils. Direct competitor to Mocoh in similar service-station-supply, lubricants, and emerging-market distribution segments.

Regional players

• Oando Plc: Nigerian integrated energy company with trading, upstream, and downstream operations across West Africa. Highly comparable geography and product overlap with Mocoh's Nigeria-anchored crude and refined products book.
• Vivo Energy: African-focused downstream fuels retailer and distributor operating service stations across the continent. Comparable to MISA Energy's retail station model and serves overlapping African commercial customers.

Broad incumbents

• Glencore Energy: Vertically integrated commodities giant with oil products trading alongside mining and metals. Overlaps with Mocoh in physical crude/refined products trading and increasingly in biofuels, but offers vastly broader portfolio and integrated upstream assets.
• Totsa (TotalEnergies Trading): Major integrated oil major's trading arm handling crude, refined products, and increasingly biofuels globally. Overlaps with Mocoh's product portfolio across Africa, though operates at vastly larger scale with integrated upstream supply.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/mocoh
• Xx.com/mocohgroup

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mocoh