?? Africa’s Electric 2-Wheeler Revolution is Here! ?? We’re excited to launch Africa’s Electric 2-Wheeler Revolution, a report exploring how electric two-wheelers (E2Ws) are transforming transportation across the continent. With over 30 million motorcycles in use (90% for commercial transport), , and abundant renewable energy sources, Africa has a unique opportunity to lead the global EV transition. ?? Key insights from the report: ? E2W adoption is accelerating—driven by falling battery costs, innovative financing, and expanding charging infrastructure. ??? Battery swapping is unlocking growth—reducing range anxiety and upfront costs, though interoperability remains a challenge. ?? Government policies are fueling momentum—with tax incentives, fuel subsidy removals, and ICE motorcycle bans in key markets. ?? Investment is critical—scaling E2W manufacturing, fleet management, and charging networks will require strong financing partnerships. ????♂? Companies like MAX, Spiro, Greenwheels, ARC Ride, Ampersand, Watu Credit, Gogo, Gozem - Africa's Super App, Kofa, M-KOPA and Roam are proving that Africa’s E2W sector is ready for takeoff. The next phase of growth will be driven by collaboration across the ecosystem—from investors and policymakers to manufacturers and fleet operators. At Novastar, we believe in partnering with bold entrepreneurs building market-transforming businesses. This report is part of our commitment to sharing insights, fostering connections, and accelerating the shift to electric mobility. This report marks the first in Novastar’s new Market Map series, which provides deep-dive sector analyses on high-growth opportunities within the African VC and entrepreneurial ecosystem. ?? Read the full report here: https://lnkd.in/eypeiAT6 #AfricaEVRevolution #ElectricMobility #SustainableTransport #NovastarMarketMaps #VC #Innovation #AfricaTechSummit
关于我们
- 网站
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https://www.solarbox.energy
Solarbox Africa的外部链接
- 所属行业
- 可再生能源发电
- 规模
- 11-50 人
- 类型
- 私人持股
动态
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Today,?Paul-Fran?ois Cattier?and?Aminata Diouf?represented On.Capital at?FIFAK (Foire Internationale de Dakar) held at the?Centre international du commerce extérieur du Sénégal (CICES), alongside?Tijan Watt, CEO of?Solarbox Africa. ?? We were excited to explore Solarbox Africa's?new solar box designs?and?charging stations?showcased at their stand. ?? ?? ?? It was an honor to meet?Professor Anna Kerstin Usbeck?from the?GDSC University of Applied Sciences Hamburg?and her students, along with participants from?Ecole Supérieure Polytechnique de Dakar, who are delving into?electric mobility?and?renewable energy projects?in Senegal. A day filled with?inspiring exchanges?and shared visions for a?greener, more sustainable future!???
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Solarbox Africa is very proud to have Investisseurs & Partenaires - I&P as investor - and more importantly as a partner! We are convinced that having experienced African investors is critical to grow sustainably, create jobs and unlock value for all stakeholders! Tijan Watt Teranga Capital Agence Fran?aise de Développement LIONSTECH Invest ???? #electricmobility #EV #impactinvestment Alliance for Rural Electrification International Energy Agency (IEA) International Renewable Energy Agency (IRENA) GOGLA On.Capital The Global Energy Alliance for People and Planet (GEAPP) Allied Climate Partners
I&P est fier d'annoncer que deux entreprises de son portefeuille, Socium et Solarbox Africa viennent de réussir des levées de fonds stratégiques ! à?travers ses programmes d'accélération, I&P met à disposition des entreprises bénéficiaires les ressources nécessaires pour les faire m?rir et les aider à lever des fonds supplémentaires. Félicitations à Samba LO (Socium), qui vient de lever 5 million de $USD et Tijan Watt (Solarbox) pour ses 1 million de $USD ! Un immense bravo à toutes les équipes et l'ensemble des partenaires pour ces belles réussites. Nous sommes impatients de voir les prochaines étapes de votre croissance ! En savoir + ??: https://lnkd.in/ejPw4EsZ
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I&P est fier d'annoncer que deux entreprises de son portefeuille, Socium et Solarbox Africa viennent de réussir des levées de fonds stratégiques ! à?travers ses programmes d'accélération, I&P met à disposition des entreprises bénéficiaires les ressources nécessaires pour les faire m?rir et les aider à lever des fonds supplémentaires. Félicitations à Samba LO (Socium), qui vient de lever 5 million de $USD et Tijan Watt (Solarbox) pour ses 1 million de $USD ! Un immense bravo à toutes les équipes et l'ensemble des partenaires pour ces belles réussites. Nous sommes impatients de voir les prochaines étapes de votre croissance ! En savoir + ??: https://lnkd.in/ejPw4EsZ
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Senegalese ???? leading eMobility and energy startup, Solarbox Africa, has closed a $1M Pre-Seed round led by key investors, like Digital Energy Facility (a collaborative initiative led by Agence Fran?aise de Développement, IetP and GAIA IMPACT FUND), Launch Africa Ventures, JLL Foundation, and Teranga Capital. This funding marks a significant step forward in revolutionizing clean transportation across Senegal and beyond ??. Founded in 2022 by Tijan Watt and incubated by Wuri Ventures, Solarbox designs and deploys light electric vehicles (2- and 3-wheelers) with solar charging, financing, and fleet management solutions tailored for African businesses ??. In just under a year, they've partnered with major players like ORANGE ENERGIES PRIVATE LIMITED, FedEx, and Paps Logistics, showcasing their ability to drive clean mobility solutions ??. ?? Solarbox Africa offers 50-60% cost savings compared to traditional fuel vehicles, significantly reducing emissions and contributing to better public health. By tapping into Senegal’s vast solar energy potential, the company is addressing fuel dependency while driving sustainable, affordable mobility solutions that benefit businesses and communities alike. Read more: https://lnkd.in/dx8C8PnC ? Stay in the know! For the latest African news and insights, follow our WhatsApp channel - https://lnkd.in/ddAsW5S4? and never miss an update! ???? #Africa #Senegal #Startup #Funding #Growth
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We’re thrilled to join AlphaQ Venture Capital Discovery platform as part of our Seed Fund II journey! ?? This week, Launch Africa Ventures is delighted to be featured on AQVC Discovery, a platform shining a light on venture capital as an accessible asset class. Explore our profile here:?https://lnkd.in/eyRwF-h3 Building on the success of our first fund, we are now raising $75M for our second Seed Fund, which will continue our mission to invest in high-impact, early-stage tech startups across Africa. With over 150 investments across 24 countries to date, we remain one of the most active institutional investors in the African ecosystem, backing innovative companies like Octavia Carbon, Solarbox Africa, and Kredete out of our second seed fund. Through platforms like AQVC, we’re excited to help democratize access to venture capital, creating new opportunities for collaboration and impact across the continent. Join us in supporting Africa’s next wave of transformative startups! ??Learn more about us on AQVC Discovery:?app.aqvc.com
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Last year I wrote an essay on the Wuri Ventures website entitled Don't be Afraid of Electric Vehicles in Africa. In recent months announcements from Kenya based companies such as BasiGo, announcing its Series A raising $42m and Zeno, which raised a $9.5 million seed round, have been demonstrations of the pending revolution in electric mobility in Africa. We at Wuri Ventures followed through on our conviction, incubating?Solarbox Africa. Solarbox makes light electric vehicles and solar equipped charging stations to lead the electric mobility revolution in Senegal and neighboring regions.? Solarbox recently closed a $1m pre-seed, and is just getting started. You can see more in a recent video, partnering with Orange Energies! We have seen business revolutions cover the continent of Africa before, from telecoms, to fintech.? We believe that is the next one, and we’re putting our money (and sweat), into proving it. Do you think we’re right? #africanstartups #venturecapital #africanvc #startups #electricvehciles #electricmobility #senegal #madeinAfrica Emmanuel Beau On.Capital Launch Africa Ventures Uwem U. Ibrahima Ba David FULLER Délégation Générale à l'Entreprenariat Rapide des Femmes et des Jeunes - DER/FJ Investisseurs & Partenaires - I&P Adrienne Ndong Teranga Capital Olivier Furdelle Andy Poppink Hania Othman Nate Heller Sidy Ndao Dakar American University of Science and Technology (DAUST) Hannah Subayi Kamuanga Andrew Don