Lagos-headquartered MAX describes itself as a technology-enabled company driven by a vision to solve mobility challenges in Africa. MAX has over fourteen branches across Nigeria, Cameroon, and Ghana. It says its work helps to democratise access to vehicle ownership and empower mobility entrepreneurs with financial support services. MAX’s website adds … [continued]
Ghana’s Minister for Finance and Economic Planning presented the 2024 Budget Speech yesterday. As part of that speech, some great incentives for electric vehicles were announced. Here is the summary of the tax reliefs that have been prioritized for implementation: Waive import duties on import of electric vehicles for public … [continued]
The transition to electric mobility is now well underway in a lot of countries around the world. There has been significant progress in the electric bus, electric car, electric scooter & motorcycle, and electric bicycle sectors over the past decade. There is also now some significant traction in various areas … [continued]
The transition to electric mobility is now well underway around the world. In China, for example, the world’s largest vehicle market, fully electric car sales had 26% share of auto sales in September, and 35% had a plug. We see that the European EV market is also heating up. In … [continued]
Reliable, affordable, and sustainable energy access has been a challenge for rural communities in Africa. Although 18% of the world’s population live in Africa, less than 6% of global energy use is from Africa. 600 million Africans still lack access to electricity. Energy access for productive use can create value, … [continued]
The first West African hydro-solar plant was deployed in Ghana in January, with technical support from the United States Agency for International Development (USAID) and the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL). Once its full capacity is brought online, this hydro-solar plant will put Ghana on track … [continued]
Last Friday, Ghana held its 1st E-Mobility Conference and Exhibition. The conference was organised as part of Ghana’s “Drive Electric Initiative” (DEI-Gh). The Drive Electric Initiative was launched in October 2019. Ghana’s Drive Electric Initiative aims: To drive the utilisation of Ghana’s excess electricity supply. To produce environmental savings that … [continued]
Ghana has recently found itself in the admirable position of having excess generation capacity. According to Ghana’s Energy and Demand Outlook 2020, by the end of 2019, the installed electricity generation capacity available for grid power supply in the country was about 4,990 megawatts (MW). The peak load, however, was … [continued]
Micro, small, and medium-sized enterprises (MSMEs) make up 90% of businesses in Africa. Most of these are essentially offline market places. A number of startups across Africa are working towards connecting and digitizing these small to medium enterprises. The Fin-tech and logistics spaces are therefore getting a lot of attention … [continued]
The transition to electric mobility is happening faster than a lot of people think. Africa is actually in very good position to lead this transition going forward. That’s because a lot of African countries have low motorization rates, presenting a massive opportunity for another leapfrog event similar to the one … [continued]
