Top 10 Climate VC (Venture Capital) Funds in Zambia in May 2026

Portfolio highlights

• WeLight — WeLight deploys sustainable and accessible solutions to accelerate energy inclusion in rural areas of Africa.
• Solarise Africa — Solarise Africa is a pan African energy leasing company for solar PV and other energy assets focusing on Commercial and Industrial (C&I) clients. Its business model is designed for scalability. Solarise Africa focuses on providing smart financing through close collaboration with a selected group of partners across solar and other renewableenergy technologies. For solar PV it is focusing on captive rooftop and ground mounted solar projects ranging from 100kW to 3MW. It is currently active in Kenya, looking to open in South Africa and has plans to expand into East, Southern and West Africa.
• Amped Innovation — At Amped Innovation, we design breakthrough products for people living on less than four dollars per day. Our first product, the Blossom, is a solar home power system which is the lowest-cost and highest-performance product in its class, at one third the price and twice the power handling of competing systems. We built the Blossom with asoftware-enabled Pay-As-You-Go interface, which allows customers to purchase it in payment installments that are equivalent to what they currently spend on kerosene, while providing much more light, cell-phone charging, and ability to run appliances like televisions and sewing machines.

Portfolio highlights

• Zembo — Discover Zembo - The African Electric Motorcycle. High-performance electric bikes designed for sustainability.
• Africa GreenCo — Our mission - addressing creditworthiness to increase generation and growth of renewable energy markets through partnerships and innovative solutions.
• Mobility for Africa — Mobility for Africa produces electric tricycles, bicycles, and other small vehicles that are affordable, high-quality, and sustainable.

Portfolio highlights

• Mondego Bio — Headquartered in Portugal’s main biotech park, Biocant, Mondego Bio is developing best-in-class protein tyrosine phosphatase non-receptor type 2 (PTPN2) inhibitors, providing a potential immuno-oncological therapy with an improved safety and tolerability profile.
• Mair Therapeutics — Mair Therapeutics main goal is finding and creating a small-molecule ion channel activator to treat Parkinson's disease, a preclinical drug discovery business.
• MAIR PHARMACEUTICALS — Mair Pharmaceutical creates innovative processes and produces well-known unique substances for pharmaceutical and biopharmaceutical firms worldwide.

Portfolio highlights

• LOCA — LOCA offers a ride-hailing app and LOCA PAY for QR payments, available 24/7.
• Dakar Mobilite — Dakar Mobilité is the Senegalese business that operates the Dakar BRT. The company is concerned with road safety, air pollution, and greenhouse gas emissions.
• Powergen Renewable Energy — PowerGen is leading the clean energy transition in Africa as a developer, builder, and operator of solar mini-grids throughout the continent. PowerGen is backed by sector leaders including Shell, Acumen, Omidyar Network, Sumitomo, DOB Equity, ElectriFI, REPP, and the Rockefeller Foundation. PowerGen has pioneered the solar mini-grid sector inAfrica and is a founding member of the Africa Mini-grid Developers Associaiton (AMDA).

Portfolio highlights

• Hydrobox — Hydrobox transforms communities and empowers people using the most affordable, reliable, and sustainable power.
• SupaMoto — Supamoto is a social enterprise that aims to provide clean energy solutions. The company's main product is the Supamoto cookstove, a pellet gasifier stove designed for field testing in multiple African locations. This stove is part of the company's commitment to renewable home energy. Supamoto also offers opportunities for individuals toinvest in Zambia's renewable energy sector, further promoting the use of clean energy. The company has a significant impact on the renewable energy industry, as evidenced by its various campaigns and initiatives.
• Arnergy — Arnergy is a trusted solar energy company that provides clean, reliable, and affordable solar power solutions for homes and businesses, helping you save money while enjoying uninterrupted energy.

Portfolio highlights

• Ecodudu — Ecodudu is a waste-to-value company. It uses a proprietary innovation to recycle organic waste into high-protein animal feed and organic fertilizer using the black soldier fly. It harnesses insects (nature’s recycling agents) to address global issues which include waste management, demand for protein, and environmental conservation.
• Asilimia — Asilimia is a simple, fun mobile app for sending money through M-PESA quickly and without any transaction fees. Simply deposit money to your M-PESA, download Asilimia and send money for free to any other M-PESA account.
• ShapShap — ShapShap enhances delivery experience through its commission-based marketplace by assigning efficient orders to drivers to ensure their sustainability and scalability.

Portfolio highlights

• Eranove — The Eranove group counts more than 9000 employees all engaged in developping hydroelectric solutions to allow all the pan african citizens to access electricity and drinking water
• Africa GreenCo — Our mission - addressing creditworthiness to increase generation and growth of renewable energy markets through partnerships and innovative solutions.
• Alliance for Microfinance in Myanmar — Microfinance in Myanmar

Portfolio highlights

• Kasha — Kasha is an innovative e-commerce platform based in East Africa, built for women's health, personal care and beauty products accessibility within urban and rural areas.
• Satya MicroCapital — Satya MicroCapital is an NBFC-MFI that offers collateral-free credit to micro enterprises on the basis of strong credit assessment and a centralised approval system.SATYA started its microfinance operations by adopting the “Joint Liability Group (JLG) Model” with adequate use of technology and new adaptations. JLGs of SATYA means implementationsof Joint Liability of group members which exists up to 10 instalments in Bi-Weekly collections. The Company believes in the ideology to bring social touch and high technology in the Indian microfinance industry.The JLG lending operation mainly focuses on a woman (in case of SATYA, her husband acts as co-borrower) through a credit product that allows her to start a new business or enhance her existing business as well. SATYA provides prompt, convenient and affordable collateral-free credit to people at the bottom of the pyramid through a strong credit assessment and centralized approval.The Company started its microfinance operation from Sikandrabad Branch, Bulandshar District of Uttar Pradesh and the first token disbursement was done in November 2016. SATYA utilized demonetization as an opportunity to rework on the business strategy through cashless transactions. SATYA is an institution build with a vision of change, transformation and will be a differentiator in financial inclusion space and its approach is well recognized by industry experts and professionals across different sectors. SATYA is committed to being a socially responsible organization with a focus on Health, Education, Financial Literacy, Nasha-Mukt Samaaj, Gender Equality, and Swachh Bharat. The Company is spreading social awareness messages in its area of operations.
• Kentegra Biotechnology Holdings LLC — Kentegra Biotechnology Holdings is a leading U.S-Kenyan company that supports a Kenyan-based biopesticide processing business that aggregates, extracts, and refines pale refine extract (PRE) from the pyrethrum flower, and sells the PRE to formulators across the world. Kentegra is committed to improving farmer’s livelihoods by investing in thecommunities where we are working to help farmers and their families have a more stable income and better quality of life.Grants: Norad 2021, AgriFi 2020, USAID 2020, USAID 2019, DEG 2020, DEG 2019

Portfolio highlights

• Laprophan — Laprophan gives people access to cutting-edge treatments and therapies. As a result, we are committed to researching, developing, and bringing new, innovative goods to market. dedication to patient-centered care pervades everything we do, from product creation to service delivery.
• AMEA Power — Founded in 2016, AMEA Power has assembled a leading team of global industry experts to deliver clean energy projects across Africa, the Middle East and other emerging markets.
• Northern Arc — Northern Arc Capital is a non-banking finance company that provides access to debt for under-served investors and businesses. Northern Arc Capita connects originators so that they may deepen their presence and provide access to financial services to millions of under-served households. Northern Arc Capital formerly Known as IFMR Capital. It wasfounded in 2008 and is headquartered in Chennai, India.

Portfolio highlights

• Refolo — Refolo is a type B social cooperative that sees social agriculture as having a dual impact: social and environmental. Refolo was created with the aim of creating an agro-ecological and social corridor that runs through the province of Brescia from north to south with the hope that administrations and other communities will come together to generatea positive impact on the environment and the community.Refolo operates in an area located between the municipalities of Brescia, Collebeato, Villa Carcina and Montirone, territories that share the presence of agricultural areas that over the years have been abandoned due to their unsuitability for intensive agriculture and lack of interest by new generations and that are now ready to start again.
• Ecodudu — Ecodudu is a waste-to-value company. It uses a proprietary innovation to recycle organic waste into high-protein animal feed and organic fertilizer using the black soldier fly. It harnesses insects (nature’s recycling agents) to address global issues which include waste management, demand for protein, and environmental conservation.
• Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.