Top 10 Oil and Gas Startup Investors in Africa (June 2026)

Portfolio highlights

• Soko — SOKO produces innovative, ethical jewelry and accessories from sustainable materials in Nairobi, Kenya
• Ignitia — Ignitia provides hyper-local weather updates, via SMS, based on GPS location. Since our commercial launch in 2015, we have established partnerships to work with small-scale farmers. We send daily, monthly and seasonal rain forecasts to help farmers avoid adverse impacts of an ever-changing climate.Unlike other regions, rain in the tropics isproduced by small-scale systems where convection is a driving force. These convection forces can appear much more quickly and without seemingly any notice to the untrained eye. Ignitia's technology is specifically designed to predict this kind of weather.
• Moniepoint — Moniepoint provides an all-in-one payments, banking and operations platform for businesses and their customers.

Portfolio highlights

• Aku — Aku is a financial technology to drive financial inclusion on one mobile device. They provide payments and bring financial services to the doorstep. They support the new business owner in need of the right tools. They offer low-cost, accessible financial services that serve their customers. They radically democratized access to banking and digitalpayment channels.
• AlumUnite — AlumUnite is a purpose-built platform to connect all educated Africans to develop Africa's human capital through alumni groups. We crowd-resource education.
• Reliance Health — Reliance Health Global. Improve the lives of your staff with innovative company healthcare benefits fit for any business. You can rely on us.

Portfolio highlights

• Damanesign — Damanesign operates as a digital trust solutions startup. Damanesign is a startup that is seizing new legislation opportunities on digital trust in Morocco to provide users with the utmost safety in documentation.
• Atlan Space — Building Artificial Intelligence to autonomously pilot any fixed wing drone, to monitor and take measures over very large areas
• OnePay — OnePay is a fintech startup that operates as a distributor of means of payment and aggregator of payment and value-added services in electronic transactions.

Portfolio highlights

• Plentify — Plentify connects home appliances with cheaper cleaner energy. It does this with an intelligent residential load management platform which matches demand with clean energy supply for 75% cheaper than batteries. Plentify combines advanced hardware, AI, and user-centric design to create smart home products that delight customers while alsostrengthening electricity systems.
• SolarX Africa — SolarX commercial and industrial (C&I) solar company that provides clean and efficient solar solutions, through leasing options in frontier markets.
• Untapped Global — Untapped connects global investors, and foreign capital to opportunities in emerging markets. Delivering competitive returns, and measurable impact for global investors.

Portfolio highlights

• Agriarche — AGRIARCHE LIMITED is an agriculture technology company focused on enhancing the efficiency of the agricultural sector through digital solutions. It aims to empower farmers and other stakeholders in the agricultural ecosystem by providing tools for data-driven decision-making. The company specializes in digitizing commodity trading and payments,thereby transforming grains into cash for farmers. AGRIARCHE LIMITED is committed to bringing transparency to the agriculture supply chain by offering logistics tracking from start to finish, and providing clear transaction and credit history. By connecting aggregators, the company simplifies the flow of food, information, and payments within the agriculture sector.
• Rasad Nigeria — Rasad Nigeria is specialize in the sourcing and export of premium cocoa and cashew nuts.
• Persea Oils and Orchards — Persea Oils and Orchards is deeply dedicated to organic and sustainable farming practices fostering agricultural growth.

Portfolio highlights

• Thunes — Founded in 2016, Thunes is a global B2B payment infrastructure platform that powers payments for the world’s fastest-growing businesses – from gig economy giants such as Uber and Deliveroo and Southeast Asia’s super-app Grab to global fintech leaders such as PayPal, Remitly, Finastra and Revolut. Through a single, simple connection, consumers andbusinesses can send payments to – and get paid in – every corner of the world. Thunes currently supports 80 currencies, enables payments to 132 countries and helps to accept 300 payment methods. In April 2022, Thunes acquired a controlling stake in a leading anti-money laundering and compliance platform company Tookitaki, which now enables the company’s advanced compliance, anti-fraud and anti-money laundering capabilities, setting an international benchmark for sustainable compliance. The company is headquartered in Singapore, with regional offices in London, Paris, Shanghai, Beijing, Dubai, Hong Kong, Barcelona, Miami and Nairobi. Current investors include Visa, EDBI, Endeavor Catalyst, Marshall Wace, Bessemer Venture Partners, 01Fintech, Future Shape, Insight Partners, Checkout.com, Helios Investment Partners and GGV Capital. For more information, visit www.thunes.com
• SeamlessHR — Africa's Leading HR & Payroll Software - Empowering African Businesses for Productivity and Profitability Through Technology.
• SUN Mobility — Sun Mobility is a leading provider of universal energy infrastructure and services to accelerate mass electric vehicle usage.

Portfolio highlights

• iProcure — iProcure is a Nairobi-based start-up working to optimize the agriculture input supply chain in rural Kenya. iProcure’s web and mobile technology solution improves agriculture retailers’ operations. It lets them manage ordering based on inventory, point of sale activities, and client profiles along with geo-located purchasing patterns, real-timeagent performance and transaction analysis, and built-in mobile payments. As a result, retailers can better predict demand with business intelligence data, improve inventory management, and streamline distribution efficiency.
• Trackbit — Trackbit is a cryptocurrency exchange platform.
• Lapaire — Discover a wide range of high-quality & affordable eyeglasses at Lapaire Glasses. Book a free vision test with our professional optometrists to help you find your perfect pair of glasses to enhance your vision and style. Shops in 7 african countries: Benin, Ivory Coast, Togo, Burkina Faso, Mali, Kenya and Uganda.

Portfolio highlights

• 2trde — 2trde accelerates B2B used car trading!
• Otoqi — Otoqi is a vehicle delivery platform that develops connected services and logistics solutions for the automotive professionals.
• Iceotope — Iceotope has developed technology with a blank drawing board and an open mind. So when we look at conventional problems, we find unconventional solutions.Built around our liquid-cooling approach and shaped by an extensive portfolio of patents, we’ve proven what our technology can do for HPC and data centre applications - dramatically reducingenergy consumption, space and noise. But it’s just the start. We’re going to keep innovating, working toward a day when wasteful, inefficient air-cooling is a thing of the past. We have created a business to look forward, but we’re also proud of the heritage that British engineering is built on. Iceotope is delighted to own the Made in Sheffield mark to show our dedication to the area’s tradition of engineering excellence. With decades of technical, design and engineering experience, we’ve established Iceotope as a trusted partner at the forefront of liquid-cooling technology. Now we’re investing to make sure we stay there: refining our designs, improving performance and engineering new applications.

Portfolio highlights

• ArabyAds — ArabyAds offers a suite of enterprise-level B2B ecommerce automation platforms that deliver the most promising, responsive and performance-oriented digital advertising technologies.
• Promamec — Since 1981, Promamec has been producing and distributing medical devices in Morocco: equipment, medical equipment or consumable
• Aerobotics — Powerful insights for precision growing and crop insurance

Portfolio highlights

• Turaco — Turaco develops simplified insurance and credit solutions through mobile technology to solve the healthcare financing needs. Turaco has simplified insurance products and also provides on-demand health loans, allowing customers to get healthcare at affordable monthly premiums.
• Eneza Education — Eneza Education, a.k.a. MPrep, was founded in 2011 by Kenyan teachers and educators serious about making technology useful for their students. From the rural areas of Nyanza to Wajir Town and the Mombasa Coast, Kenyan teachers united to create the content of our initial Class 7 and Class 8 study tool. We wanted a tool that combined the best ofgreat teaching practices: scaffolded assessments, direct feedback, and high engagement. And we wanted to make sure ALL kids had access to our system. What better way to start than with a simple SMS-based system?
• Sun King — Greenlight sells, installs and finances solar home systems for the 1.8 billion off-grid and under-electrified consumers in Africa and Asia.