Accra, Ghana – 17 September 2024: Kofa Technologies Ltd. (“Kofa”), a Ghanaian company re-engineering energy access through clean and portable battery solutions, and PASH Global (“PASH”), a leading impact investor, today announced the expansion of Kofa’s battery swapping network in Ghana.
GBP £6.15 million initiative to accelerate electric vehicle adoption in Ghana, led by Kofa Technologies in partnership with PASH Global. UK charity Shell Foundation is backing the project as part of a £3.8 million total commitment co-funded with the UK Government.
2027 – 2035. Ensuring a successful take-off and successful transition to EVs in Ghana. The target is that by the end of this phase, EV penetration rate will be around 35%. 2036 – 2045: During this phase, efforts will be made to ensure that, by the year 2045 no new petrol or diesel vehicles will be sold or imported into Ghana.
The Policy will be implemented in Phase as follows: 2024-2026. This phase will be the Preparatory Phase. The key focus will be on addressing the challenges and barriers to the EV uptake. 2027 – 2035. Ensuring a successful take-off and successful transition to EVs in Ghana.
2024-2026. This phase will be the Preparatory Phase. The key focus will be on addressing the challenges and barriers to the EV uptake. 2027 – 2035. Ensuring a successful take-off and successful transition to EVs in Ghana. The target is that by the end of this phase, EV penetration rate will be around 35%.
Ghana is set to become the first country in West Africa to produce lithium, a key component in electric vehicle batteries and renewable energy storage systems. The Ewoyaa lithium project, developed by Atlantic Lithium, is expected to start production in 2025 and reach its full capacity of 365,000 tonnes of lithium annually in 2026.