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Home Business Startups

Ghana-Based Kofa’s Cost-Effective Batteries Powers West Africa

Hauwa Ali by Hauwa Ali
June 6, 2024
in Startups
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Ghanaian Startup Kofa Expands Battery Swapping Revolution to Kenya and To-go
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Ghanaian startup Kofa, known for its innovative battery network solutions and e-motorcycles, is making significant strides in the clean-tech sector. 

The company has revealed plans to expand its groundbreaking battery-swapping system to Kenya and Togo with a high-capacity battery system called Kore2. This battery is versatile and caters to a wide range of applications.

The company aims to create an affordable, customer-centric electricity network powered by portable batteries and renewable energy. Kofa’s core innovation lies in providing high-performance power through its batteries, which are cost-effective (at least 30% more competitive than petrol) and adaptable for various uses.

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Partnership with TAIL-G

Kofa has partnered with globally recognised e-motorcycle manufacturer TAIL-G to design the Jidi e-motorcycle that is tailored explicitly for the African market.

The Jidi e-motorcycle, powered by Kofa’s Kore2 battery, offers a range of over 100 kilometres on a full charge, addressing the region’s mobility needs sustainably.

Kofa’s role is to ensure the motorcycles’ efficiency through its Kore2 Swap and Go Network. Autopax Limited, a subsidiary of Green Africa Group, will assemble the bikes and source some parts within Kenya.

Kofa partners MAX

Kofa has also partnered with Nigeria’s African electric vehicle solutions leader, MAX. This partnership will allow MAX to provide financing options for over 2,000 Jidi bikes, making them more accessible to users.

Unlike companies that import ready-made electric vehicles, Kofa’s founding team focused on developing the proper infrastructure for electric vehicles in West Africa.

Their goal is to address the problems caused by existing petrol systems, whether it’s small businesses struggling with expensive petrol generators or delivery drivers using polluting motorbikes.

Read also: Nigeria tech startups: Five remedies to funding shortage

Kofa began its operations in Ghana in 2021 with the Volta motorcycle, deploying 40 units across Accra to gather market insights.

The second version, the Jidi, has deployed over 10 charging stations, 500 Kore2 batteries, and 150 Jidi motorcycles since January.

Kofa plans to operate in four cities with an additional 7,000 bikes in the pipeline.

Kofa secured seed funding from the Shell Foundation supported by the UK’s FCDO, Wangara Green Ventures, and Mercy Corps Ventures. The company is expanding its operations to Kenya and Togo, bringing its cost-effective Kore2 battery-swapping network for electric bikes to these countries.

Tags: KofaStartup
Hauwa Ali

Hauwa Ali

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