An organization that supports transformative infrastructure initiatives in Africa, including investments in renewable energy.
Top Industries for CSR Grants in African Tech
Fintech sector raised $1.04 billion in CSR funding in 2024, focusing on financial inclusion. Women-led startups secured 8.2% of African tech funding in 2023, up from 2.8% in 2022.
Kofa Secures $8M to Scale Battery Swapping and Power West Africa’s Clean Energy Future
Kofa secured $8 million through a special purpose vehicle to scale its battery-swapping infrastructure. The funding round was led by impact investor PASH Global, with support from the Shell Foundation and the UK Government.
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.
