E-Mobility Startups in Africa

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E-Mobility in Africa: Hype vs. Reality: Local leaders are cautiously optimistic about e-mobility, but infrastructure and affordability remain major challenges. Government initiatives and partnerships are crucial for growth. Watch for innovative solutions like swapping and leasing models to drive adoption.

Cummulative Funding

$19.7M+

Total # of Companies

6

Total Deal Count

9

Total M&A Count

0

Total # of Investors

8

List of E-Mobility startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

ARC Ride is providing the electric solution to mass-transportation in rapidly-growing African cities.

Debt Financing

$ 15,000,000

2020

2.

Enzi Mobility provides electric motorcycles, battery-swapping, and clean energy solutions for Africa.

Corporate

$ 3,500,000

2021

3.

IZI is transforming the way that people travel in Africa, by providing an affordable zero emission alternative.

Grant

$ 1,222,000

2023

4.

GI3 SAS is a Moroccan industrial holding company focused on building a competitive green tech manufacturing ecosystem across Africa.

Funding Round

Undisclosed

2022

5.

Wahu Mobility builds Ghanaian electric bikes, empowering riders and businesses with sustainable transport solutions.

Seed

Undisclosed

2022

6.

Ecobodaa is a Kenyan based eMobility startup which provides electric motorbike with zero emissions.

Funding Round

Undisclosed

2019

ARC Ride

Founded

2020

Overview

ARC Ride is providing the electric solution to mass-transportation in rapidly-growing African cities.

Last round

Debt Financing

Total raised

$ 15,000,000

Employee

11-50

Founded

2021

Overview

Enzi Mobility provides electric motorcycles, battery-swapping, and clean energy solutions for Africa.

Last round

Corporate

Total raised

$ 3,500,000

Employee

11-50

Founded

2023

Overview

IZI is transforming the way that people travel in Africa, by providing an affordable zero emission alternative.

Last round

Grant

Total raised

$ 1,222,000

Employee

2-10

GI3

Founded

2022

Overview

GI3 SAS is a Moroccan industrial holding company focused on building a competitive green tech manufacturing ecosystem across Africa.

Last round

Funding Round

Total raised

$ 0

Employee

51-200

Founded

2022

Overview

Wahu Mobility builds Ghanaian electric bikes, empowering riders and businesses with sustainable transport solutions.

Last round

Seed

Total raised

$ 0

Employee

51-200

Ecobodaa

Founded

2019

Overview

Ecobodaa is a Kenyan based eMobility startup which provides electric motorbike with zero emissions.

Last round

Funding Round

Total raised

$ 0

Employee

2-10

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