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.
- Kofa plans to deploy 6,000 portable batteries and 100 swap stations across Ghana.
Kofa's initiative represents a transformative approach to energy access in West Africa, addressing both environmental concerns and economic needs. The backing from reputable investors indicates strong confidence in the viability of clean energy solutions in the region. Further discussion could explore the potential challenges in scaling operations and the impact on local economies.
