Startups
An innovative exploration company in Namibia exploring for oil and on success looking to enable 630
Overview
Location
United Kingdom, England, London
Employees
11-50
Phone
+27 10 592 1862
Total raised
$844.4K
Founded date
2011
Funding Rounds 1
| Date | Series | Amount | Investors |
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Mentions in press and media 8
| Date | Title | Description |
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| May 8, 2018 | Five years on SA man behind ‘$20bn Namibia gas field’ yet to sink test wells | Over five years since founding his energy company, a SA-born entrepreneur who claims that he can make millions of rands off using drones and special algorithms to find gas in the Namibian desert, has yet to start sinking test wells. This, ... |
| Aug 21, 2017 | Top startup events in South Africa, Africa you should know about this week [21/08/2017] | Looking to get into the South African startup scene or catch up on some of your skills? Well, you’ve come to the right place. There are loads of competitions, networking sessions and workshops happening around South Africa and the rest of t... |
| Aug 21, 2017 | Top startup events in South Africa, Africa you should know about this week [21/08/2017] | Looking to get into the South African startup scene or catch up on some of your skills? Well, you’ve come to the right place. There are loads of competitions, networking sessions and workshops happening around South Africa and the rest of t... |
| Apr 26, 2017 | Questions raised over SA startup’s claim algorithm could net investors $20bn | SA entrepreneur Stephen Larkin claims that investors could be in for “free cash” of US$20-billion if his exploration company, which uses a unique algorithm to pinpoint possible gas deposits, makes a find in Namibia’s Kalahari Desert. While ... |
| Apr 26, 2017 | Questions raised over SA startup’s claim algorithm could net investors $20bn | SA entrepreneur Stephen Larkin claims that investors could be in for “free cash” of US$20-billion if his exploration company, which uses a unique algorithm to pinpoint possible gas deposits, makes a find in Namibia’s Kalahari Desert. While... |
| Apr 21, 2017 | Will South African trio’s algorithm be a boon for oil sector? | Over $300-billion of oil and gas exploration projects have been shelved since the oil price fell from a high of $120 in July 2014 to a low of $25 in early 2015 — but three South Africans’ use of a statistical algorithm promises to cut the c... |
| Apr 21, 2017 | Will South African trio’s algorithm be a boon for oil sector? | Over $300-billion of oil and gas exploration projects have been shelved since the oil price fell from a high of $120 in July 2014 to a low of $25 in early 2015 — but three South Africans’ use of a statistical algorithm promises to cut the c... |
Reviews 0
FAQ about Africa New Energies
When was Africa New Energies founded?
Africa New Energies was founded in 2011.
How much funding has Africa New Energies raised?
Africa New Energies has raised $844.4K in total across 1 funding round.
What has the press written about Africa New Energies?
Parsers VC has collected 8 articles mentioning Africa New Energies, among them “Five years on SA man behind ‘$20bn Namibia gas field’ yet to sink test wells” (May 8, 2018) and “Top startup events in South Africa, Africa you should know about this week [21/08/2017]” (Aug 21, 2017).
Is Africa New Energies still active?
Africa New Energies is probably closed: its latest activity on Parsers VC dates from May 8, 2018.