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Nithio

Impact investoroperating company · company profile

Lagos · Growth

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Investment thesis

Nithio focuses on driving investment in a just energy transition by increasing climate finance in underserved markets, particularly Sub-Saharan Africa. It views universal clean energy access as central to building climate resilience, improving quality of life, financial inclusion, and health outcomes. Through its Risk Analytics Engine, which combines customer repayment data, geospatial data, and AI, Nithio standardizes credit risk assessment. It provides risk-informed debt to distributed clean energy companies via FAIR, a blended-finance vehicle, and offers analytics services to grantmakers, investors, banks, and MFIs to build sustainable climate-focused programs and track impact.

Source: firm website, verified Aug 3, 2026.

Stage
Growth
HQ
Lagos, NG
Instruments
Debt
Tracked investments
5

Founder mafia

4 people who came through Nithio went on to found or lead other companies.

What they invest in

from 3 of 5 portfolio companies

Cleantech ×2Energy ×2Climate Tech ×1EdTech ×1Gaming ×1Impact & Social Good ×1Mobility & Transportation ×1

HQs:Kenya×2

Investments · 5 tracked

founders shown can be your intro path
droversointeru

Gaming

Ignite Energy Access Moçambique

Distributed energy company in Mozambique that received a debt facility through Nithio's FAIR.

Spiro

African electric two-wheeler company enabling the exchange of gasoline-driven bikes for EVs, moving toward an open-platform strategy for local OEMs.

Co-investorsEquitanePrivate Infrastructure Development Group

Spiro Mobilityspironet.comin𝕏

Spiro Academy is a training program created in partnership with the Technical University of Kenya, Fleming Technical Institute, and India University to provide vocational and entrepreneurial education in Africa.

CleantechClimate TechEdTechEnergyMobility & Transportation

Sun Kingsunking.comin𝕏

Sun King designs, installs, and finances off-grid solar products—including solar lanterns, solar home systems, and multi-kilowatt inverters—for households and businesses without reliable grid access.

CleantechEnergyImpact & Social GoodNairobi, KE

Mayank Sekhsaria(Founder)

Co-investorsARCH Emerging Markets PartnersE3 CapitalLeapFrog Investments

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Nithio made?
Nithio has 5 tracked investments.
What stage does Nithio invest at?
Nithio invests at the Growth stage.
What sectors does Nithio focus on?
Nithio focuses on Cleantech, Climate Tech, Energy, Fintech, Impact & Social Good, Mobility & Transportation.
Where is Nithio located?
Nithio is headquartered in Lagos, NG.
Who does Nithio co-invest with?
Nithio most often shares deals with ARCH Emerging Markets Partners, E3 Capital, Equitane, among 5 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Ep 11: Kate Steel - Co-Founder, Nithio

Energy Impact Center · Kate Steel

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