
Goodwell Investments and Alitheia Capital Invest in Nigerian Recycling Company Hinckley
Hinckley E-Waste Recycling, a company based in Nigeria, has secured funding from Goodwell Investments and Alitheia Capital.
The Empower Africa Business Platform is Now Live !!!
Nigerian electric mobility startup MAX has introduced its first solar-powered battery swap station, aiming to offer a clean and reliable energy solution for transport operators across West Africa.
This marks the startup’s latest effort to expand sustainable transport infrastructure in the region.
The system is fully powered by solar energy and designed to serve drivers and businesses that rely on electric vehicles.
The new battery station uses a 20kWp solar photovoltaic (PV) array, a 24kW inverter, and a 30kWh battery bank.
This setup supplies energy to the battery swap unit during daylight hours and stores extra power for use at night or during periods of low sunlight.
According to the company, the station can operate continuously, providing 24-hour battery swap services.
MAX operates in Nigeria, Ghana, and Cameroon, and provides electric vehicle access, battery swap options, and ownership services for commercial users.
The company says this new solar-powered station is part of a broader push to reduce dependence on the unstable power grid and move away from diesel generators, which are both costly and polluting.
Chinedu Azodoh, co-founder and president of MAX, said the initiative shows what is possible when clean energy meets practical needs.
“We’re showing that Africa can build resilient infrastructure that works for both people and the environment,” he said.
This station is just the beginning as MAX plans to roll out more solar-powered swap stations across West Africa to support the continent’s growing electric mobility sector.
Hinckley E-Waste Recycling, a company based in Nigeria, has secured funding from Goodwell Investments and Alitheia Capital.
The Climate Investment Fund, managed by Norfund, has announced a major investment in South Africa’s renewable energy sector.
NuRAN Wireless, a leading provider of mobile and broadband wireless infrastructure solutions, has secured a $5 million loan facility with Cygnum Capital’s Facility for Energy Inclusion (FEI) to accelerate its network deployment in Africa.