Founded in 2020, AFKAR is an EnergyTech Venture with the purpose of investing in cutting-edge technological solutions in the MENA region, while leveraging its unique ability to exploit the Energy transition, and converging the ecosystems of businesses, innovators, regulators, and oil & gas companies alike.
Fueled by collective expertise, industry knowledge, and the global network of its founding partners. AFKAR Ventures encapsulates a novel approach to its investments, market access, and intellectual property development, and enabling the acceleration of transformational technological solutions in ways never seen before. The blend of innovation, collaboration, and partnerships, complimented with unmatched active participation are fundamental and underpin our investment strategy for future growth.
AFKAR Ventures diverse expertise brings to the Energy industry an unprecedented magnitude of focused business strategies, solutions, and ingredients for success.
AFKAR’s mandate is to be the first regional company of its kind to invest in Energy Transition, transformational technologies, and the development of intellectual proprietary technologies. With long-term strategic relationships & partnerships with NOC’s, IOC’s and leading technology providers.
Our unique business model “Invest to Grow” not only introduces dynamic flexibility in accelerating time to market. It also mitigates investment risks & uncertainties through the identification of local challenges, validating regional needs all the way to providing plans to accelerate technology deployment to the Clients.