A Ghanaian startup focused on sustainable energy and electric vehicles, recently securing funding to expand its operations.
Ghana’s Tech Ecosystem Raises an Estimated $56M in 2025
Ghanaian startups raised an estimated $56 million in 2025, down from $127 million in 2024. Debt financing accounted for nearly 45% of the total capital raised in major deals.
Ghanaian Startups Which Raised Capital In 2025
Zeepay secured approximately US$18 million in senior secured debt to enhance its remittance and payment operations. Kofa raised around US$8.1 million in a pre-Series A round to expand its AI-powered battery-swapping and clean-energy solutions.
Ghana Tech Ecosystem Raised An Estimated $36 Million In First Half of 2025
Zeepay raised $18 million in funding, becoming the largest publicly disclosed round in Ghana's tech ecosystem this year. Kofa secured $8.1 million to expand its battery-swap network for electric mobility in Ghana.
Same deals, $102 million less cash: Africa’s logistics and transport funding in Q1 2025
Thirteen logistics and mobility startups raised funding in Q1 2025, matching the number of deals from Q1 2024. Total funding for these startups plummeted to $44.9 million, a 69% decrease from the previous year's $146 million.
Kofa Secures $8M to Scale Battery Swapping and Power West Africa’s Clean Energy Future
Kofa secured $8 million through a special purpose vehicle to scale its battery-swapping infrastructure. The funding round was led by impact investor PASH Global, with support from the Shell Foundation and the UK Government.
