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Ghana’s Kofa Rolls Out $8.2M EV Battery-Swapping Initiative, Backed by Shell

The network targets the deployment of 6,000 batteries and up to 100 swap stations across Ghana, aiming to create an accessible, reliable, and scalable clean energy infrastructure.

September 25, 2024

CENTRAL AFRICA

Gabonese Startups Get First Entrepreneur-Only Bank, BCEG

The BCEG is entirely funded by Gabonese institutional and private investors, making it one of only two banks in the country controlled by national capital, alongside market leader .

September 24, 2024

Venture Capital & Funding Sources

Holocene Targets African Climate-Tech Startups with New Fund

To date, Holocene has successfully executed six investments through its permanent capital vehicle and an additional four investments via HVF I.

September 24, 2024

Ecosystem News

Former Tesla Exec Raises $9.5M for Zeno to Power Swappable EV Battery for East Africa’s Bodabodas

The core innovation of Zeno is its swappable lithium-iron-phosphate (LFP) battery. Drivers can swap out depleted batteries at strategically located stations rather than waiting for them to recharge.

September 24, 2024

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Updates

First-Time Founders Drive Nigeria’s Unicorn Boom

Moove's $2.1bn valuation highlights the country's ability to mint billion-dollar companies without serial entrepreneurs.

August 6, 2026

Updates

Silverbacks Logs Massive Paper Gain as $37M Moove Bet Reaches $62M

A Mauritius-based investment firm has made its biggest-ever bet on Africa's latest unicorn.

August 6, 2026

Airtel Africa Picks London for $245bn Mobile Money IPO but Faces Independence Test

Rapid growth and 56.5m users make it Africa’s hottest tech float. But privately negotiated intra-group fees threaten to cloud its standalone public valuation.

July 23, 2026

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