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

Groupe Dangote backs Raffinerie de Lamu (East Africa Oil Refinery)

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

16,000 M$Equity

Why they investedFuel import substitution

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

Mirova Natural Capital backs SunCulture

Kenya · Productive use: solar cooling and pumping · Sept 2026

10 M$Senior debt

Announced deal

Acumen backs Sun King (Zambie)

Zambia · Off-grid solar and solar kits · Sept 2026

5 M$Equity

Why they investedUnlock local-currency debt financing

Announced deal

Africa Go Green Fund (AGG) backs Spiro

Kenya · Electric mobility · Sept 2026

18 M$Senior debt

Why they investedSpiro has made strong progress since AGG's initial investment.

Announced deal

Dangote Petroleum Refinery & Petrochemicals

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

1,592.593 M$Equity

Announced deal

Novastar Ventures backs ARC Ride

Kenya · Electric mobility · Sept 2026

33.3 M$Senior debt

Announced deal

Proparco backs Arc Ride Ltd

Kenya · Electric mobility · Sept 2026

Equity

Why they investedAccelerate the deployment of electric mobility solutions in Africa

Announced deal

General Bank of Cameroon (ex-Société Générale Cameroun) backs Socadel (ex-Eneo)

Cameroon · Power transmission and distribution · Sept 2026

350.633 M$Senior debt

Why they investedFinancial restructuring of the national power distributor

Announced deal

Enko Capital backs EV.Tech

Côte d'Ivoire · Electric mobility · Aug 2026

Quasi-equity

Why they investedInfrastructure already deployed: 70 stations and a proprietary app

Announced deal

FMO backs M-KOPA Kenya

Kenya · Electric mobility · Jul 2026

30 M$Senior debt

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

General Bank of Cameroon (ex-Société Générale Cameroun) backs Eneo (Socadel) — investissements

Cameroon · Power transmission and distribution · Jul 2026

105.19 M$Senior debt

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

NewTrails Capital backs Spiro

Kenya · Electric mobility · Jun 2026

55 M$Equity

Announced deal

A.P. Moller Capital backs Mainstream Renewable Power South Africa

South Africa · Renewable power plants: solar, wind, hydro, geothermal, biogas · Jun 2026

Equity

Why they investedRenewable platforms and power trading

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

Development Bank of Southern Africa backs Zimi

South Africa · Electric mobility · Jun 2026

2.6 M$

Announced deal

Cascador backs Powerstove

Nigeria · Clean cooking · Jun 2026

1.2 M$Senior debt

Announced deal

Cascador backs First Electric

Nigeria · Commercial & industrial energy · Jun 2026

357 k$Senior debt

Announced deal

Cascador backs Koolboks

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

1.4 M$Senior debt

Announced deal

Impact Fund Denmark backs Spiro

Kenya · Electric mobility · Jun 2026

215 M$Equity

Announced deal

KfW (banque allemande de développement) backs Ville de Johannesburg (City Power)

South Africa · Power transmission and distribution · May 2026

234.568 M$Senior debt

Why they investedLocal-currency municipal finance

Announced deal

Triple Jump backs MAX

Nigeria · Electric mobility · May 2026

8 M$Senior debt

Announced deal

BGFIBank Cameroun backs SNH — quote-part dans la raffinerie CSTAR de Kribi

Cameroon · Oil and gas (upstream and gas infrastructure) · May 2026

210.38 M$Senior debt

Why they investedThe country's second refinery after the Sonara shutdown

Announced deal

Value Chain Innovation Fund backs Dodai

Ethiopia · Electric mobility · Apr 2026

13 M$Equity

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

Investec backs Mulilo — centrale solaire de Beaufort West

South Africa · Off-grid solar and solar kits · Apr 2026

Senior debt

Why they investedPrivate renewable power via wheeling

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

Sustent Holdings backs Mahube Infrastructure

South Africa · Renewable power plants: solar, wind, hydro, geothermal, biogas · Apr 2026

Equity

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

Standard Bank backs Mulilo — stockage par batteries Mercury

South Africa · Storage and batteries · Apr 2026

86.42 M$Senior debt

Why they investedGrid-backed power storage

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

Investec backs SPS — Slimsun Too phase 2

South Africa · Off-grid solar and solar kits · Mar 2026

5.37 M$Senior debt

Announced deal

BNP Paribas Asset Management Alts backs Sistema.bio

Kenya · Renewable power plants: solar, wind, hydro, geothermal, biogas · Mar 2026

53 M$

Announced deal

Congruent Ventures backs Zeno

Kenya · Electric mobility · Mar 2026

25 M$Equity

Announced deal

Amethis backs ADEMAT

Côte d'Ivoire · Commercial & industrial energy · Mar 2026

Why they investedDevelop solar photovoltaics

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.