Top 15 Oil and Gas VC Funds & Investors in Africa (October 2026)

Portfolio highlights

• GoCab — GoCab is fintech solution providing Drive-to-own option for vehicle purchase in Emerging markets, helping to bridge the gap between mobility entrepreneurs and financial services.
• 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.
• Open Access Energy — South Africa's first multilateral wheeling software platform that automates energy transactions.

Portfolio highlights

• Cauridor — Cauridor is a Financial Services company.
• WafR — WafR is a reward-based loyalty startup that allows users to earn phone recharges while shopping at retail shops.
• Nucleon Security — Zero-Trust and ML-based Endpoint Detection and Response Platform #EDR #FDR #EndpointSecurity

Portfolio highlights

• CleanMob — CleanMob is a Car Greetech B2B, whose mission is to decarbonize and optimize corporate vehicle fleets.Its proprietary technology combining AI algorithms, modeling and simulation, with data from smartphone sensors and connected vehicles, frees users from the need to install a telematics box, thus facilitating large-scale deployment for vehiclefleet managers.
• ZSystems — ZSystems is a transformative super app designed to redefine B2B trade.
• Upfund — Upfund is a real estate company that provides reliable data on office, retail, and business premises. Upfund is a digital solution designed to respond to most commercial real estate business issues. They develop tools perfectly adapted to clients' requests in a remarkable time. Founded in 2022 and is located in Paris, France.

Portfolio highlights

• MAX — Make mobility accessible, safe, reliable, and sustainable for 1 billion Africans
• ARC Ride — Leading the emobility revolution in East Africa - starting with Kenya #emobilityrevolution
• Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.

Portfolio highlights

• Saharan Oil & Gas Company — Saharan Oil & Gas Company Limited (formerly Hume Energy) is a conglomerate of project managers that provide energy solutions in Sub-Saharan Africa. Through our global network of partners we develop and apply Next Generation Technologies to help safely and responsibly address Africa’s growing energy deficit. Energy access influences comfort,safety, security, and human progress, touching every aspect of our lives. SOGCOL aims to evolve from a regional marketer to an advanced energy innovator and a global energy solutions provider. We aspire to be an industry leader in all aspects of energy production, transportation, distribution, and marketing. Our operations encompass identifying energy projects and facilitation of financing from research and development to promotion, marketing, and execution.

Portfolio highlights

• Elimutab — At Elimutab we have safe and secure educational gadgets made for learners and schools. Including; Tablets, Chromebooks, Laptops, Projectors & Interactive smartboards.
• OX Delivers — Our objective is to deliver affordable transport in emerging markets, creating a self-reinforcing cycle of economic growth and social impact. To achieve this, we are developing the world's first clean-transport ecosystem that combines goods shipment with financial, trading & marketing services. This OX ecosystem will be enabled by ourunique zero-emissions OX truck; the only purpose-designed electric vehicle for emerging markets.
• Rabbit — Transforming transportion in the region. Rabbit is a micro-mobility sharing platform for short-distance transportation using environmentally friendly vehicles.

Portfolio highlights

• Otoqi — Otoqi is a vehicle delivery platform that develops connected services and logistics solutions for the automotive professionals.
• Aether Fuels — Enabling a net zero world through sustainable liquid fuels.
• Neural Concept — Neural Concept is the first AI software for enhanced engineering. Leverage your historical CAD and CAE data to drastically shorten and improve your design cycles.

Portfolio highlights

• Rasad Nigeria — Origin, crop and record kept together.
• Persea Oils and Orchards — Persea Oils and Orchards is deeply dedicated to organic and sustainable farming practices fostering agricultural growth.
• Noma Service Consolidated — Noma Service Consolidated is a commodity trading business that creates organized agricultural markets by linking supply at the source to local and worldwide demand.

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 — Sun King is a solar company that designs, distributes, installs, and finances solar home energy products across Africa and Asia. Sun King produces solar home systems, inverter systems, and portable lanterns, providing a solution for communities that live without reliable energy access. Sun King also offers pay-as-you-go financing options, furtherallowing consumers to access energy without high up-front costs. Sun King works with their network of international distribution partners to expand the off-grid market.

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

• Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
• Intmax — INTMAX has developed significant innovations in ZK implementation making it a unique Layer2 rollup network that offers low cost, security, tunable privacy, and above all, scalability.
• TIBU Health — TIBU Health is a disruptive HealthTech logistics company that provides high-quality healthcare services.

Portfolio highlights

• Promamec — Since 1981, Promamec has been producing and distributing medical devices in Morocco: equipment, medical equipment or consumable
• Spoon Consulting — Spoon Consulting provides IT and back-office services related to ERP technologies and cloud technologies.
• Hi-Tech Detection Systems — Hi-Tech Detection Systems provide services based on analytical science and product inspection. They also launch remote diagnostic solutions for its fleet of analytical instruments and life sciences.

Portfolio highlights

• Hadean — Synthetic Environments that provide cutting edge training, real-time situational understanding and predictive intelligence for Governments, National Security and Commercial Enterprises
• Warehousing1 — Warehousing1 is building the number one warehousing and distribution network in Europe. Companies can utilize the innovative platform to find ideal warehousing solutions anywhere, manage them digitally and optimize processes by gaining real-time visibility and data transparency.
• Eatron Technologies — Delivering AI-powered Battery Optimisation Software that Enhances Safety, Extends Lifetime, and Boosts Performance for Lithium-ion Batteries.

Portfolio highlights

• Zazu — Manza is an all-in-one financial platform for African SMEs, helping businesses manage payments, automate cash flow, and access real-time financial insights from one simple dashboard.
• Fincart — Fincart is a leading shipping platform in Egypt, connecting your business with top courier services, automating operations, and helping you scale your eCommerce logistics.
• Udu Technologies — Explore GPU cloud and hardware through AGH Cloud, UduTech's flagship product, and AI advisory for teams in the United States, Africa, the Caribbean and beyond.

Portfolio highlights

• Energy Link — Energy Link delivers crude evacuation services through our dedicated pipeline system anchored on OML18. Provide infrastructure for efficient and long-term crude storage and evacuation.