Nubia Capital, an Africa-focused venture capital firm, has announced its investment in Greenbaq AI, an AI-powered ESG (Environmental, Social, Governance) compliance platform designed to help underserved small and medium-sized enterprises (SMEs) access sustainability-linked financing.

Greenbaq AI is founded by Ijeoma Akwiwu, a lawyer and tech specialist, that is a two-time founder. The platform enables SMEs to automate ESG data capture, verification, and reporting, transforming ESG compliance from a regulatory obligation into a gateway for capital access. By directly linking verified ESG performance to lenders and financial institutions, the platform helps bridge the gap between SMEs and the rapidly growing global sustainable finance market.

The investment aligns with Nubia Capital’s focus on digital infrastructure, fintech, and policy-aligned innovation, particularly at the convergence of ESG, data, and capital markets.

“Greenbaq is building critical infrastructure at a time when ESG and capital markets are converging globally,” said Davidson Oturu, Managing Partner at Nubia Capital. “By lowering the barriers to ESG compliance, they are enabling SMEs, especially in underserved markets, to access real financing opportunities.”

Greenbaq AI operates across both mature markets in the UK and EU and emerging markets in Africa, positioning the company to scale ESG infrastructure globally while supporting inclusive economic participation.

About Nubia Capital

Nubia Capital is a venture capital firm investing in bold founders building transformative companies across Africa and global emerging markets. The firm focuses on fintech, digital health, deep tech, and applied AI, with an emphasis on scalable infrastructure that unlocks inclusion, access, and long-term economic growth.