‘SML, 5 years, that came very fast! To others it would be as if you have existed forever” said Mr. Duncan Amoah who is a Petroleum Industry Expert and Executive Secretary of COPEC in his opening remarks at the 5th Anniversary of Strategic Mobilisation Ghana Limited ( hereafter SML) held in Tema.
On 13th May, 2025 Strategic Mobilisation Ghana Limited opened its doors to Ghana and exhibited its state of the art newly acquired modern technology to upscale its activities in the petroleum and extractive industries, in Ghana and across Africa.
SML is a wholly Ghanaian-owned company which started operating before 2019 when it was contracted by the Ghana Revenue Authority (GRA) for transaction audits and downstream petroleum audits. Its leadership team has a background in oil and gas, forestry, taxation, mining services, system designs, and etc.
Before SML’s emergence into the petroleum downstream sector, Ghana was losing millions in litres of petroleum products which went unaccounted for each month. This resulted in huge tax revenue losses and GRA struggled to address this.
Since then SML has gone on to assist the GRA to meet its revenue targets in the petroleum downstream sector by providing Electronic Metering Systems and Automatic Tank Gauging Systems (ATGs) which eliminates manual errors and risk; helps with nationwide real time oversight; gives accurate fuel measurement.
In addition, the SML Experion which is a software responsible for integrating data from GRA, NPA, and depots works seamlessly with national platforms like GRA’s ICUMS and Ghana.Gov helps with real time tracking of payments and keeps records for reconciliation, prompt identification and resolution of inconsistencies for all stakeholders.
These timely and novel services rendered by Strategic Mobilisation Ghana Limited (SML) have cut down the gap for unaccounted petroleum products from more than 3.206 billion litres to below 260 million litres.
This timely partnership between SML and the GRA has helped to track more than 2.821 billion litres of petroleum products in excess volume gains on an annual average. Inevitably, this has helped GRA to generate in excess an annual average of GHS 4.062 billion in revenue which would have been lost in the past.
To this end, Strategic Mobilisation Ghana Limited (SML) believes that its track record in Ghana with its advanced systems positions it as a reliable organisation to enable African countries maximise revenue collection on its natural resources.
Director of Support Services at Strategic Mobilisation Ghana Limited (SML), Dr. Serwaa Sarpong boldly stated that the company is positioning itself to penetrate the African Petroleum market;
“Our vision is Pan-African, the challenge of revenue leakage and under-reporting resources flows are not unique to only Ghana. African countries, according to the African Development Bank Group, lose about $90 billion in Illicit Financial flows annually. Dr. Serwaa Sarpong added,
“So across the continent, governments are seeking credible partners like SML who can help them to harness the full value of their natural resources.
“And guess what, SML is ready! We are ready with the expertise, we are ready with the tools. For those of us who have gone to the facility to take a view, you know and you can testify to this. We are ready with the proven track record as well, and above all; we are ready with groundbreaking innovation. All of this is to support that continental transformation”
“Our vision is to lead Africa’s audit and revenue assurance transformation by 2030, partnering with nations to co-design tailored, scalable technology solutions” said Dr. Serwaa Sarpong in her conclusion.