Kofa Is Working To Advance Urban Energy Access For Mobility & Backup Power Across Africa
The motorcycle sector is currently a $30 billion annual market across Sub-Saharan Africa. Over half of this spending is on petrol used in motorcycles, and the remainder is on petrol and diesel used in generators.
Kofa’s battery packs have a slick form factor with an ergonomic handle to make it easy for users to carry around, making them ideal for swapping. The Kofa motorcycles can accommodate 2 battery packs, which means a bike can have up to 4 kWh battery storage. Erik says the range of their motorcycles is in the region of 20 to 30 km/kWh depending on riding style, payload and road conditions.
Kofa will also incorporate payments via mobile money, a ubiquitous payment method in a lot of African countries that is enabling financial inclusion on a continent where the majority of citizens generally don’t have access to traditional banking channels. Leveraging the embedded software on their IOT boards, they plan to launch a service where clients can pay a fraction of the cost of a full charge and access a certain quantum of energy at a time.
Kofa currently has a big goal to reach 10 million customers across Africa actively using its battery network, equivalent to offsetting 10 million tonnes of CO2 per year by displacing petrol. This would also deliver around $2 billion in annual customer savings as the battery network is cheaper than using petrol.
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