GHANA – Kofa, a leading innovator in energy networks based in Ghana, and Max, a Nigerian pioneer in electric vehicle solutions in Africa, have announced a new partnership.
This collaboration will see Max offering financing options for the revolutionary TAILG Jidi electric motorcycles, co-developed by Kofa and TAILG – a leading electric vehicle manufacturer.
MAX democratizes access to vehicle ownership and electric mobility across Africa through a tech-driven platform that offers a spectrum of services, including subscription-based vehicle financing, cutting-edge electric vehicle options, and comprehensive support services.
Kofa is focused on creating affordable, sustainable, and customer-driven electricity networks, starting with electric motorcycles.
The startup partnered TailG Group, a leading electric vehicle brand from China, to launch the Jidi electric motorcycle last October, and subsequently announced the planned launch of its second-generation Kore 2 Swap & Go network.
This partnership marks a significant milestone in making green transportation more accessible in Africa. Max’s financing options for the motorbikes will enable more individuals and businesses to adopt eco-friendly transportation, aligning with both companies’ vision of a sustainable future.
“This collaboration between MAX and Kofa is a step towards a greener, more sustainable Africa. This partnership is poised to accelerate the transition to green energy and sustainable transportation in Africa,” the companies said.
SafeBoda introduces electric bikes
Meanwhile, the Ugandan ride-hailing app, SafeBoda, has introduced ‘Electric Boda’ option in its menu.
The new service will be charged within the normal rates, to motivate customers who are conscious of green energy efforts to seize the opportunity. The ordering process is also the same as that of other options.
Broadening their mobility options to include green energy solutions is likely to improve customer satisfaction and attract investment from climate-tech financiers. SafeBoda could also partner with other rising startups that exclusively manufacture electric bikes such as Roam.
SafeBoda resumed operations in Kenya in February this year. The startup had made its first stab into the Kenyan market but due to reduced profit margins and riders’ discontent, they exited in 2020 amidst the COVID-19 pandemic.
‘Electric Boda’ is among the list of prospective ventures that SafeBoda wishes to unveil this year. The transport space, while competitive, is abundant with challenges and gaps that need innovative solutions.
SafeBoda is setting its sights on food delivery services, which other giant cab companies have ignored in Uganda.
The ‘Electric Boda’ option may face an array of challenges ranging from lack of charging spots and maintenance facilities.
While this is a bold step, intensive cooperation among the startup, private sector co-operations, and the government will be required to sustain the product.
Liked this article? Subscribe to DealStreet Africa News, our regular email newsletter with the latest news, deals and insights from Africa’s business, economy, and more. SUBSCRIBE HERE
