Kofa Technologies Ltd., a Ghanaian clean energy company, and impact investor PASH Global have joined forces to expand Kofa’s battery-swapping network across Ghana. Backed by a £2.35 million investment from Shell Foundation, co-funded by the UK Government through its Transforming Energy Access (TEA) platform, this initiative aims to improve energy access with clean, portable battery solutions.
An additional £1.4 million will support Kofa’s e-bike asset financing, battery technology research, and operational expenses. This initiative is designed to replace petrol-powered motorcycles with electric alternatives, significantly reducing air and noise pollution in urban areas.
The expansion was officially announced by Lord Collins of Highbury, the UK’s Parliamentary Under-Secretary of State for Africa, on September 17. Collins emphasized that the project highlights the UK’s commitment to supporting clean energy initiatives, boosting economic growth, and strengthening UK-Ghana partnerships.
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Kofa will focus on managing the battery-swapping network, while PASH Global oversees the deployment and maintenance of swap stations. With a target of 6,000 batteries and 100 swapping stations across Ghana, the network will ensure access to clean energy and promote the adoption of electric vehicles (EVs). PASH also plans to eventually power these stations with solar energy, making the project even more sustainable.
Preliminary data already shows that electric motorcycles in Ghana are 20% cheaper to operate than traditional internal combustion engine (ICE) vehicles. As battery prices drop, operating costs will decrease further, encouraging the widespread adoption of EVs.
Kofi Owusu Bempah, CEO of PASH Global, noted that the collaboration with Kofa marks a key moment in Africa’s clean energy transition. The initiative, supported by Shell Foundation and the UK Government, sets the stage for sustainable, reliable energy solutions across the continent.
Kofa’s CEO, Erik Nygard, sees this project as a crucial step toward providing clean energy for urban environments in Ghana. By reducing reliance on petrol generators, the initiative will benefit local businesses and communities, serving as a model for clean energy innovation in Africa.
Jonathan Berman, CEO of Shell Foundation, highlighted the organization’s mission to reduce emissions and improve livelihoods through clean energy. He emphasized the importance of partnerships like the one between Kofa and PASH in scaling clean energy and e-mobility solutions across Africa.
