EV Startups in Africa
Overview Powered by AI
EV market in Africa is still nascent but gaining traction. Local players like Dodai and GOGO are making a mark, but infrastructure and affordability remain challenges. Business leaders see potential but emphasize the need for policy support, investment in charging infrastructure, and accessible pricing for mass adoption.
Cummulative Funding
$24.7M+
Total # of Companies
5
Total Deal Count
10
Total M&A Count
0
Total # of Investors
23
List of EV startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Kofa is a Ghana-based company specializing in sustainable energy solutions. | Grant | $ 13,155,000 | 2021 | |
ARC Ride is providing the electric solution to mass-transportation in rapidly-growing African cities. | Venture | $ 5,000,000 | 2020 | |
Dodai Manufacturing PLC, a Japanese company in Ethiopia, currently assembling and selling electric motorcycles in Addis Ababa. | Series A | $ 4,000,000 | 2021 | |
GOGO Electric is providing sustainable energy solutions in Uganda. | Funding Round | $ 1,600,000 | 2017 | |
Solarbox is the emerging leader of electric mobility solutions for businesses in West Africa. | Pre-seed | $ 1,000,000 | 2022 |
Founded
2021
Overview
Kofa is a Ghana-based company specializing in sustainable energy solutions.
Last round
Grant
Total raised
$ 13,155,000
Employee
2-10
Founded
2020
Overview
ARC Ride is providing the electric solution to mass-transportation in rapidly-growing African cities.
Last round
Venture
Total raised
$ 5,000,000
Employee
11-50
Founded
2021
Overview
Dodai Manufacturing PLC, a Japanese company in Ethiopia, currently assembling and selling electric motorcycles in Addis Ababa.
Last round
Series A
Total raised
$ 4,000,000
Employee
11-50
Founded
2017
Overview
GOGO Electric is providing sustainable energy solutions in Uganda.
Last round
Funding Round
Total raised
$ 1,600,000
Employee
201-500
Founded
2022
Overview
Solarbox is the emerging leader of electric mobility solutions for businesses in West Africa.
Last round
Pre-seed
Total raised
$ 1,000,000
Employee
11-50