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A Ghanaian startup focused on sustainable energy and electric vehicles, recently securing funding to expand its operations.
News published about Kofa
Nithio backs MAX as $29 million funding round accelerates electric mobility expansion across Africa
TechTrendsKE - Oct 16, 2026
Nithio's investment extends MAX's Series B3 funding round to $29 million. MAX is targeting commercial transport operators who rely on motorcycles for their livelihoods.

Ghana Tech Is Rising… But Most Startups Won’t Make It — Here’s Why (By Building Bytes)
Tech Labari - May 13, 2026
The funding in Ghana's tech sector has decreased from over $120M to approximately $56M to $90M. There is a notable shift towards fintech infrastructure and agritech platforms in Ghana.

Ghana’s Tech Ecosystem Raises an Estimated $56M in 2025
Tech Labari - Jan 13, 2026
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
Tech Labari - Nov 10, 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
Tech Labari - Jul 15, 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.
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