Ghana-based energy startup Kofa secures $8.1m to expand across East and West Africa
Kofa secured $8.1 million in a pre-Series A funding round. The funding includes $3.25 million in equity, $4.315 million in debt, and $590,000 in grants.
Kofa raises $8.1 million to expand battery-swapping energy network
Kofa raised $8.1 million in pre-Series A funding to expand its battery-swapping infrastructure. The funding round was co-led by E3 Capital and Injaro Investment Advisors, with participation from Shell Foundation.
10 African Tech Companies to Watch in 2025
Flutterwave prepares for an IPO, potentially listing on the New York Stock Exchange in 2025. Kofa receives investment to expand its battery swapping stations in Ghana.
Ghanaian startup Kofa partners Chinese EV manufacturer to launch e-bikes
Kofa partners with TAILG Group to launch the Jidi electric motorcycle with battery swap technology. The partnership aims to deploy 200,000 electric vehicles and over 5,000 battery swap stations across Africa by 2030.
