Henos Energy , a liquefied petroleum gas (LPG) distributor, has raised $1.23 million in debt financing from the Switzerland-based Spark+ Africa Fund, a vehicle focused on clean and modern cooking solutions in frontier markets.
The facility will support Henos’ expansion under Ghana’s Cylinder Recirculation Model (CRM), a regulatory framework designed to improve safety by shifting cylinder ownership from consumers to licensed bottling plants. Henos was the first LPG marketing company licensed under the model, positioning it as an early mover in a sector undergoing major transformation.
“This partnership with Spark+ is a game-changer for Henos and for Ghana’s transition to cleaner cooking solutions,” said Henry Osei, CEO of Henos Energy. “We are not just supplying energy — we are improving lives, protecting the environment, and contributing to Ghana’s sustainable development goals.”
Founded in 2021, Henos has built a hybrid distribution model that combines door-to-door delivery, swap-and-go exchanges, and community-based LPG cages. Its technology platform, EaziGas, integrates mobile and USSD payments with a Pay-As-You-Go smart metering system, enabling households to purchase LPG in smaller increments and avoid the unsafe “tot-filling” practice common across Ghana.
Henos Energy’s leadership brings decades of combined experience across the oil and gas, ICT, FMCG, and finance sectors. The company’s CEO, Henry Osei, was the first Ghanaian Group Managing Director for Puma Energy Distribution Ghana Limited and Blue Ocean Investments Limited after being the Deputy General Manager for Blue Ocean Investments.
The deal reflects rising investor interest in Africa’s clean cooking sector, where more than 900 million people still lack access to modern fuels. Analysts see Henos as part of a wave of companies betting on technology-enabled distribution to bridge the access gap and deliver cleaner household energy at scale.
