Oil and Gas Startups in Africa
Overview Powered by AI
East Africa's oil and gas sector is poised for growth, driven by discoveries in Uganda, Kenya and Tanzania. However, the industry faces challenges such as regulatory hurdles, security concerns, and the need for infrastructure investment. Local business leaders are optimistic about the long-term potential but cautious about the near-term risks.
Cummulative Funding
$50.9M+
Total # of Companies
5
Total Deal Count
9
Total M&A Count
0
Total # of Investors
5
List of Oil and Gas startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Oando PLC is one of Africaโs largest integrated energy solutions providers with a proud heritage. | Secondary Market | $ 35,000,000 | 1956 | |
Lekoil is an Africa focused oil and gas exploration and production company with interests in Nigeria and Namibia. | Post-IPO Debt | $ 15,000,000 | 2010 | |
Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment. | Funding Round | $ 850,000 | 2018 | |
Epump is a cloud based forecourt automation solution for Africa | Funding Round | $ 50,000 | 2012 | |
Homefort Energy offers automated gas delivery for homes. | Funding Round | Undisclosed | 2020 |
Founded
1956
Overview
Oando PLC is one of Africaโs largest integrated energy solutions providers with a proud heritage.
Last round
Secondary Market
Total raised
$ 35,000,000
Employee
Founded
2010
Overview
Lekoil is an Africa focused oil and gas exploration and production company with interests in Nigeria and Namibia.
Last round
Post-IPO Debt
Total raised
$ 15,000,000
Employee
51-200
Founded
2018
Overview
Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment.
Last round
Funding Round
Total raised
$ 850,000
Employee
2-10
Founded
2012
Overview
Epump is a cloud based forecourt automation solution for Africa
Last round
Funding Round
Total raised
$ 50,000
Employee
11-50
Founded
2020
Overview
Homefort Energy offers automated gas delivery for homes.
Last round
Funding Round
Total raised
$ 0
Employee
2-10