Key Developments
Ghana's Wahu Mobility and Letshego Partner to Make EV Ownership More Accessible in Africa
Ghanaian electric vehicle (EV) startup Wahu Mobility and financial service provider Letshego have partnered to make EV ownership more affordable and accessible in Africa.
This collaboration seeks to empower communities by offering eco-friendly transportation options, taking a significant step towards sustainable mobility in Africa.
Speaking on the partnership, Valerie Labi, Co-Founder of Wahu Mobility Ltd., expressed excitement about the initiative.
“Collaborating with Letshego is a pivotal step forward in our mission to deliver sustainable and accessible EV options to the African market,” she said.
Letshego echoed this sentiment, stating that the partnership aligns with their dedication to fostering inclusive, sustainable economic growth in the region.
The initiative introduces a financing program aimed at “Wahu Heroes,” individuals committed to embracing sustainable transportation.
Through Letshego’s financial expertise and Wahu Mobility’s EV knowledge, these users will benefit from affordable financing options, making it easier to transition to environmentally friendly vehicles.
The two companies plan a phased rollout of financing products, initially focusing on urban centers with an eventual expansion to underserved regions.
This venture also supports the African Union’s Agenda 2063 by promoting sustainable development and climate resilience across the continent.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
You may also like...
Visa Strengthens African Digital Economy with Investments in Four Fintech Startups
Visa has announced investments in four fintech startups that recently graduated from its Africa Fintech Accelerator program.
Digital Africa Invests in Four African Startups, Expands its Investment Portfolio Under Fuzé Initiative
Digital Africa, a leading venture capital firm, has announced strategic investments in four innovative startups across Africa, demonstrating its commitment to empowering tech solutions tailored to the continent’s economic landscape.
IFC and MIGA Back Morocco’s Tanger Med Port Expansion with $433 Million Sustainability-Linked Financing
The International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA), both part of the World Bank Group, have joined forces with Morocco’s Tanger Med Port Complex in a significant expansion project for its truck and passenger terminal.