German-Ghanaian company Mana Mobility and e-mobility start-up Cargo Bikes Africa have sealed a US $20million deal for e-mobility start-up Cargo Bikes Africa production and marketing of electric vehicles.
The two jointly said the deal’s goal is to develop ecological and sustainable mobility in Ghana. The agreement includes local manufacturing of electric bicycles, motorcycles, tricycles and buses in the Ghanaian capital, establishment of a technology platform with a multi-modal way connection.
Clean energy transportation
“With Cargo Bikes Africa, we will create a pathway for people to access affordable, clean energy transportation solutions. This will reduce barriers to opportunity and improve mobility as a service in emerging markets,” says Peter Schwarzenbauer, CEO of Mana Mobility.
“This partnership aims to develop sustainable transport on the African continent. The technology shall connect drivers, passengers and cargo in an accessible, inclusive and multi-modal way,” said Valerie Labi, the co-founder of Cargo Bikes Africa.
The government of Ghana is encouraging the private sector to invest in electric mobility to reduce unemployment and air pollution in the West African country. It is in this context that the French oil group TotalEnergies installed in September 2022 a 22 kilowatt electric car charging station at its Liberation Road service station in Accra. This eco-friendly initiative will be extended to other cities in the region over the next few years.
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