Africa-Press – Eswatini. Kofa, a clean-tech startup based in Ghana, has secured $8 million via a special purpose vehicle (SPV) to scale its battery-swapping infrastructure, with the goal of boosting electric mobility and promoting clean energy adoption throughout West Africa.
The round was led by impact investor PASH Global, with key backing from the Shell Foundation and the UK Government’s Transforming Energy Access (TEA) initiative. The funding will enable Kofa to roll out 6,000 portable batteries and up to 100 swap stations across Ghana, offering customers affordable and dependable access to electricity.
Kofa’s battery-swapping network supplies clean energy to electric two-wheelers, small businesses, and households, cutting dependence on fossil fuels. The company will concentrate on managing the battery system, while PASH takes charge of station deployment and operational maintenance.
“This initiative marks a major move toward cleaner, more sustainable energy in Ghana,” said Erik Nygard, CEO of Kofa Technologies. “Backed by our partners, we’re laying the groundwork for long-term benefits to local communities and businesses.”
The expansion aligns with Kofa’s larger vision of building a sustainable energy future across West Africa. The company also plans to extend its operations into Kenya and Togo.
Kofa’s model features a user-friendly mobile and web app that enables seamless battery swaps at designated stations. Through its battery-as-a-service approach, the startup delivers clean, affordable energy via a portable battery network designed to serve multiple applications.
Backed by this latest funding, Kofa is well-positioned to drive meaningful progress in clean energy access and sustainability ac
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