Kofa, a Ghana-based energy startup, is making significant strides in expanding clean energy access across the country, thanks to a £2.35 million investment from Shell Foundation and PASH Global. This funding will be pivotal in scaling Kofa’s innovative battery swapping network, designed to offer a cleaner alternative to traditional petrol generators and motorbikes, contributing to a more sustainable energy future for Ghana.
The backbone of Kofa’s business model is its “Swap & Go” battery swapping stations, which offer users convenient access to fully charged batteries for electric motorbikes, vehicles, and even backup power for homes and businesses. With plans to deploy over 6,000 batteries and 100 swapping stations nationwide, Kofa’s initiative is expected to revolutionize Ghana’s energy landscape by reducing reliance on fossil fuels and promoting the adoption of electric vehicles.
This expansion aligns with the broader trend of electric mobility in Africa, where the need for affordable and sustainable energy solutions is becoming more critical. By integrating a meshed network of battery stations, Kofa’s technology creates a flexible, decentralized power supply system that can support various energy applications while also serving as a backup grid for areas with inconsistent power.
The £2.35 million investment reflects the confidence of global partners like Shell Foundation and PASH Global in Kofa’s vision. This funding will not only support the growth of Kofa’s infrastructure but also enhance the accessibility of green energy solutions for everyday Ghanaians, making the technology affordable and reliable for consumers and businesses alike.
Through this project, Kofa aims to reduce air pollution, alleviate high energy costs for motorbike users—who typically spend a large portion of their income on fuel—and create greener urban environments. With its clean energy solutions, Kofa is positioning itself as a key player in Africa’s transition to renewable energy, paving the way for sustainable development and energy security across the region.
