Africa is emerging as a leader in carbon credit generation, with African-founded companies and initiatives driving innovation and sustainable development.
Here are the top 5 African-led entities shaping the carbon credit market:
— Octavia Carbon (Kenya): Uses geothermal energy to capture CO₂ directly from the atmosphere. The captured carbon is stored in basalt formations or sold as carbon credits, with operations scaling toward global carbon removal.
— ThriveAgric (Nigeria): Empowers farmers to earn carbon credits by planting fruiting trees alongside crops, improving soil health, biodiversity, and agricultural productivity.
— Mikoko Pamoja (Kenya): A community-led initiative in Gazi Bay focused on mangrove conservation and restoration, funding conservation through the sale of carbon credits and supporting local communities.
— Carbon Africa (Kenya): A carbon project development firm assisting in the design, validation, and verification of carbon credit projects across Africa, enabling local communities to participate in carbon markets.
— EthioTrees (Ethiopia): Dedicated to woodland restoration and ecosystem services, EthioTrees promotes natural regeneration and carbon sequestration to generate carbon credits in Ethiopia.
These African-founded and African-led organizations are at the forefront of carbon credit generation on the continent. Through innovation and community engagement, they contribute to climate action while fostering sustainable development in Africa.
This ranking highlights African-founded and African-led organizations actively involved in carbon credit generation.
Selection was based on innovation, operational impact, and contribution to sustainable development. Data was compiled from company reports and media coverage, updated as of August 2025.
Image Credit: African Development Bank
