Kofa, an innovative technology-driven energy company, has successfully closed an $8.1 million pre-Series A funding round to expand its AI-powered battery-swapping network in urban Africa. The investment will accelerate the company’s clean energy solutions, starting in Ghana and Kenya, and help optimize the distribution of batteries for motorcycles, households, and businesses. With the backing of prominent investors like E3 Capital, Injaro Investment Advisors, and the Shell Foundation, Kofa is on track to scale its network and drive sustainable energy adoption across the continent.
Tag: energy transition Africa
Hatch spearheads essential dialogue on Africa’s Energy Transition at the Africa Energy Indaba 2025
Hatch, a leader in Africa’s energy sector, participated in the Africa Energy Indaba 2025, spearheading critical dialogue on balancing Africa’s energy development and transition. Peter Viljoen, Hatch’s Regional Director for Energy, highlighted the complexities of Africa’s energy future, focusing on equitable electrification, renewable energy, and the economic potential of sustainable power systems.