GJO & Partners

Deal flow

Companies seeking funding publish their progress here

Projects seeking funding, company progress and deals announced by funds. Investors back the files they find compelling: the most backed rise to the top.

Announced deal

Heirs Energies backs Seplat Energy Plc

Nigeria · Oil and gas (upstream and gas infrastructure) · Sept 2026

Equity

Announced deal

IFC (International Finance Corporation) backs Nayo Tropical Technology

Nigeria · Mini-grids and rural electrification · Sept 2026

8.6 M$Senior debt

Why they investedDistributed rural electrification (DARES)

Announced deal

Dangote Petroleum Refinery & Petrochemicals

Nigeria · Oil and gas (upstream and gas infrastructure) · Sept 2026

1,592.593 M$Equity

Announced deal

Africa Finance Corporation (AFC) backs Dangote Petroleum Refinery & Petrochemicals

Nigeria · Oil and gas (upstream and gas infrastructure) · Jul 2026

2,500 M$Equity

Why they investedPre-IPO of an operating industrial asset

Announced deal

Petrolin Group backs Seplat Energy Plc

Nigeria · Oil and gas (upstream and gas infrastructure) · Jun 2026

Equity

Announced deal

All On backs Eja-Ice Nigeria

Nigeria · Productive use: solar cooling and pumping · Jun 2026

1 M$Quasi-equity

Why they investedProductive uses of solar energy

Announced deal

Afreximbank (Banque africaine d'import-export) backs Shoreline Power Company

Nigeria · Oil and gas (upstream and gas infrastructure) · Jun 2026

200 M$Senior debt

Why they investedExport of Nigerian engineering services

Announced deal

Cascador backs First Electric

Nigeria · Commercial & industrial energy · Jun 2026

357 k$Senior debt

Announced deal

Cascador backs Powerstove

Nigeria · Clean cooking · Jun 2026

1.2 M$Senior debt

Announced deal

Cascador backs Koolboks

Nigeria · Productive use: solar cooling and pumping · Jun 2026

1.4 M$Senior debt

Announced deal

Triple Jump backs MAX

Nigeria · Electric mobility · May 2026

8 M$Senior debt

Announced deal

Delta40 backs Instollar

Nigeria · Off-grid solar and solar kits · Apr 2026

Equity

Why they investedAfrica’s solar buildout is creating strong demand for skilled technicians.

Announced deal

IFC (International Finance Corporation) backs Développeurs de mini-réseaux DARES (Darway Coast, PriVida Power, Prado Power, GVE Projects, StarTimes Smart Energy)

Nigeria · Mini-grids and rural electrification · Apr 2026

83.2 M$Senior debt

Why they investedDistributed rural electrification (DARES)

Announced deal

Breega backs PowerLabs

Nigeria · Commercial & industrial energy · Apr 2026

Why they investedIntelligent orchestration is essential to solving Africa's energy reliability challenge (Tosin Faniro-Dada, Breega)

Announced deal

Acumen backs Instollar

Nigeria · Off-grid solar and solar kits · Apr 2026

Why they investedTackles youth unemployment and energy poverty together

Announced deal

Afreximbank (Banque africaine d'import-export) backs Dangote Petroleum Refinery & Petrochemicals

Nigeria · Oil and gas (upstream and gas infrastructure) · Mar 2026

4,000 M$Senior debt

Why they investedRefinancing an asset now in operation

Announced deal

Oando

Nigeria · Oil and gas (upstream and gas infrastructure) · Feb 2026

163.556 M$Equity

Why they investedDeleveraging and upstream acquisitions

Announced deal

BlueCore Gas InfraCo backs Axxela

Nigeria · Oil and gas (upstream and gas infrastructure) · Jan 2026

Equity

Why they investedPrivate equity exit to a domestic industrial buyer

Announced deal

Acumen backs Energy Assured Nigeria

Nigeria · Productive use: solar cooling and pumping · Jan 2026

Equity

Why they investedReplace costly diesel pumps with solar

Announced deal

Afreximbank (Banque africaine d'import-export) backs Levene Energy Development Limited

Nigeria · Oil and gas (upstream and gas infrastructure) · Jan 2026

64 M$Senior debt

Why they investedFinance Levene Energy's equity commitment to Bluecore Gas Infraco

Announced deal

Aradel Holdings backs ND Western

Nigeria · Oil and gas (upstream and gas infrastructure) · Dec 2025

300 M$Equity

Why they investedConsolidation of oil assets by domestic operators

Announced deal

Heirs Energies backs Seplat Energy Plc

Nigeria · Oil and gas (upstream and gas infrastructure) · Dec 2025

Equity

Announced deal

Afreximbank (Banque africaine d'import-export) backs Heirs Energies Limited

Nigeria · Oil and gas (upstream and gas infrastructure) · Dec 2025

750 M$Senior debt

Why they investedOptimise Heirs Energies' capital structure

Announced deal

FSDH Asset Management backs Rana Energy

Nigeria · Storage and batteries · Oct 2025

3 M$Equity

Announced deal

Petrolin Group backs Aradel Holdings Plc

Nigeria · Oil and gas (upstream and gas infrastructure) · Sept 2025

Equity

Announced deal

British International Investment backs Odyssey Energy Solutions

Nigeria · Mini-grids and rural electrification · Sept 2025

7.5 M$Senior debt

Announced deal

KawiSafi Ventures backs Koolboks

Nigeria · Productive use: solar cooling and pumping · Sept 2025

11 M$Equity

Announced deal

All On backs Salpha

Nigeria · Off-grid solar and solar kits · Jun 2025

1.3 M$

Announced deal

IFC (International Finance Corporation) backs Husk Power Energy Systems Nigeria Limited

Nigeria · Mini-grids and rural electrification · May 2025

5 M$Senior debt

Why they investedExpanding access to reliable electricity

Announced deal

CardinalStone backs Arnergy

Nigeria · Off-grid solar and solar kits · Apr 2025

18 M$Equity

Announced deal

All On backs Rivy

Nigeria · Off-grid solar and solar kits · Mar 2025

4 M$Equity

Announced deal

Afrigreen Debt Impact Fund backs Watt Renewable

Nigeria · Renewable power plants: solar, wind, hydro, geothermal, biogas · Dec 2024

15 M$Senior debt

Announced deal

Afrigreen Debt Impact Fund backs Ignite Power

Nigeria · Off-grid solar and solar kits · Dec 2024

15 M$Senior debt

Announced deal

Madica backs Earthbond

Nigeria · Off-grid solar and solar kits · Oct 2024

Equity

Announced deal

All On backs Arnergy

Nigeria · Off-grid solar and solar kits · Feb 2024

3 M$Equity

Announced deal

Aradel Holdings backs Shell Petroleum Development Company of Nigeria (SPDC)

Nigeria · Oil and gas (upstream and gas infrastructure) · Jan 2024

2,400 M$Equity

Announced deal

ARM-Harith backs AD Power HoldCo

Nigeria · Mini-grids and rural electrification · Nov 2023

7 M$Quasi-equity

Why they investedIncrease energy access in Nigeria

Announced deal

Catalyst Fund backs ColdHubs

Nigeria · Productive use: solar cooling and pumping · May 2022

Why they investedReduction of food losses

Announced deal

MBO Capital backs Utilita Energy Limited

Nigeria · Power transmission and distribution · Jan 2021

Equity

Why they investedInvestment in energy solutions and power infrastructure.

From press releases and specialised media, reviewed by Invest Matching's news monitoring.

Use cases

Anonymised examples of Invest Matching in use will be published here, by sector, size and geography, as written authorisations are obtained from the clients concerned.