Energy finance · West Africa

Where real assets meet capital.

We build a safe environment around trades traditionally seen as too risky to finance, for licensed fuel operators, energy infrastructure and green-energy projects in West Africa.

Programme cycle 15–30 days
1
Fuel in a licensed depot
Certified by a collateral manager
Day 0
2
Bank funds the escrow
After two approvals
Approved
3
Buyer pays into escrow
Before the fuel is released
Cash first
4
Bank repaid first
Then the next cycle starts
Day 15–30
Principle The licence never moves
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West African energyCommodity financeInfrastructureGreen energyLicensed operatorsAsset-backedUSD-settledShort tenorSelf-liquidating West African energyCommodity financeInfrastructureGreen energyLicensed operatorsAsset-backedUSD-settledShort tenorSelf-liquidating
The Gap

Good projects lose good financing, because the capital arrives too late, or not at all.

Real, collateralised assets often go unfinanced because the ticket is too small or the cycle too short for a bank. That gap is where we work.

$100B
Annual trade-finance gap across Africa
World Bank · AfDB, 2025
45%
SME finance applications rejected by banks
AfDB Survey, 2025
~2%
Default rate on African trade finance vs 5–15% NPL on general bank lending
ICC · AfDB
80%
Of banks expect financing demand to keep growing
AfDB Survey, 2025
Solutions

Three ways we put structure where the asset is real.

Every structure is collateralised, independently controlled and legally reviewed before a dollar moves.

01

Trade & Commodity Finance

Short, self-liquidating facilities for licensed fuel distributors and marketers in Ghana. We structure the deal and see it through. We never buy, sell or take title to the fuel.

0130–180 days

Receivable Finance

Secured by the fuel and the buyer's confirmed order.

02Main structure20–40 days

In-Tank Facility

Fuel already in the country, held in licensed storage under independent control. Nothing is shipped, so the cycle clears fastest.

03Shipment tenor

Import Finance

Secured by the incoming cargo under independent control and a confirmed order.

04Per cargo

Allocation Facility

A share of a large importer's cargo, passed to a licensed operator on arrival.

The licence never moves. The operator keeps its licence where the regulator requires. Only the capital and its security change.
Why the risk is contained. The operator's margin is a fixed layer in the regulator's published price formula. The risk is completion and payment over a short cycle, not fuel prices.
02

Infrastructure Finance

As originator and arranger, we structure facilities for the storage and logistics behind the fuel trade and connect sponsors with the right capital.

Terminal & Storage Finance

Capex and working capital for terminals, depots and distribution.

Capital Sourcing & Structuring

Development finance, export credit, bank and guarantee capital, matched to risk and tenor.

03

Green Energy Finance

As originator and arranger, we structure financing for solar and off-grid power serving commercial and industrial users.

Off-Grid & Distributed Generation

Project finance for solar, mini-grid and off-grid power.

Green Trade & Equipment Finance

Working capital for renewable equipment and project inputs.

Programmes

One discipline, built around each operator.

The licence stays with the operator. We build the capital around it.

For licensed marketers (OMCs)

OMC Programme

Stock for the station network, financed against the product and the confirmed sale, repaid from collections.

Cycle
30–180 days
Secured by
Product + receivable
Stage
LiveGHS 8m+ facility in execution
For bulk distributors (BDCs)Main

BDC Programme

Fuel already in a licensed depot, bought and sold within the regulator’s price window. A partner bank funds each cycle through escrow.

Cycle
15–30 days
Secured by
Product in depot
Stage
LaunchingPartner banks reviewing under NDA
For refineries and importers

Custom builds

Facilities designed around a cargo or a refinery’s offtake, from import finance to a share of a large importer’s cargo.

Cycle
Per cargo
Secured by
Cargo + receivable
Stage
In originationBulk import, refinery to BDC to OMC

The fastest way to lose money in trade finance is to fund a good story. Discipline is the product. It is the only reason a deal clears.

Advisory Philosophy
How we work

Revolving programmes, not one‑off deals.

The margin sits in trades others see as too risky. We make them safe to finance, building each programme from proven blocks: a partner bank, development finance, a collateral manager, risk cover and a curated board.

01

A board per programme

A trader, a market analyst, an industry member and a compliance lead approve every cycle.

02

Capital that recycles

Cycles of 15 to 30 days, each repaid from the sale before the next one starts.

03

Two approvals, every cycle

Our committee first, then the lender's own credit approval. Neither replaces the other.

04

Cash never reaches the operator

Funds move only through bank escrow. The seller is paid directly; the buyer pays in before release.

05

Independent product control

A collateral manager certifies the fuel before payment and releases it only against cash.

06

The lender is repaid first

Our fee comes after the lender is repaid in full. We take no share of the lender's margin.

Risk cover on the lender's exposure. Credit and political risk insurance and partial guarantees from African institutions sit with the lender, not with the operator.
Leadership

The people who source it, structure it, and see it through.

Origination on the ground in Ghana, disciplined structuring behind it.

Joseph Elikem Ametsitsi

Joseph Elikem Ametsitsi

Founder & CEO

Founded Starzec to close the gap between capital and execution in Africa's energy sector. A petroleum geologist by training, he has led structuring work with international oil & gas companies and the Government of Ghana.

Geological Engineering, KNUST (Ghana) · Sustainable Management & Finance, Bayes Business School (London) · European Innovation Academy (Portugal)
LinkedIn
Saint Ann Opoku

Saint Ann Opoku

Partnerships & Negotiations

Leads partnerships and deal origination, drawing on a background in banking operations and project implementation.

BSc International Economy & Trade, Changzhou University (China)
Artem Gabrielyan

Artem Gabrielyan

Capital & Structuring Advisor

Advises Starzec on capital and structuring: how facilities are built, secured and brought to funding partners.

International Economic Relations, MSUIR MFA · MSc Management, Bayes Business School (UK)
LinkedIn
Risk & Governance

Discipline is the first mandate.

Dedicated legal advisory

No deal proceeds without sign-off from our legal partner, BE Law Consult.

Asset-backed collateral

Minimum 1:1 coverage in cargo, assigned receivables or landed property.

Structured deal terms

Defined repayment, exit mechanics and covenants from day one.

Active portfolio monitoring

Every cycle monitored through to settlement, with early-warning triggers.

Work With Us

Let's put structure where the trade is real.

We work with licensed operators who need a trade structured and funded, and with banks and capital partners looking for asset-backed exposure to West Africa's energy sector.

Operators
je@starzecpartners.com
Joseph Elikem Ametsitsi
Capital Partners
artem@starzecpartners.com
Artem Gabrielyan
Partnerships
ann@starzecpartners.com
Saint Ann Opoku
General Enquiries
info@starzecpartners.com
Media and other
Our Purpose

Value Beyond Generations.

Few African businesses outlast the generation that builds them. Starzec is built to be the exception.

Where we work

Accra first. Then the corridors where fuel trades.

AccraBurkina FasoNigeriaSouth AfricaLondonLuxembourgGenevaCanary IslandsEgyptTurkeyAbu DhabiMauritiusPanamaBrazilSingaporeHong Kong
Home market

Accra, Ghana

Next in Africa

Burkina Faso, Nigeria, South Africa

Capital partners

London, Geneva, Luxembourg, Canary Islands

Trade corridors

Turkey, Egypt, Abu Dhabi, Mauritius

On the horizon

Latin America, Southeast Asia