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Shifting Conversations At The Africa E-Mobility Week & Forum Showcase Growth In The African E-Mobility Sector

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Shifting Conversations At The Africa E-Mobility Week & Forum Showcase Growth In The African E-Mobility Sector

The 5th edition of the Africa E-Mobility Week & Forum was held at the end of last month at Nooitgedacht Estate, Stellenbosch, Western Cape, South Africa. It was the first time the event had been held in Southern Africa, with earlier editions having been held in East Africa (in Kenya and Ethiopia). The 6th edition will be held next year in West Africa. It’s great to see how this event has grown since inception. This year’s edition had 320 forum participants from 42 countries. It was convened by the Africa E-Mobility Alliance (AfEMA), United Nations Environment Programme (UNEP), African Union Commission (AUC), and United Nations Economic Commission for Africa (UNECA).

The earliest editions of the Africa E-Mobility Week & Forum were held at a time when Africa’s e-mobility sector was still mostly driven by a core group of startups that were moving from early pilot projects funded by small grants and some equity investments. Most of those companies were looking to secure larger investment rounds to scale their business models, having validated the market. A lot of this action was in East Africa and West Africa, with some activity in North, Central, and Southern Africa. A large percentage of players that were active at the time were in the electric motorcycle sector, a logical entry point given the large addressable market of over 30 million ICE motorcycles operating as taxis on the African continent. The unit economics also looked good, and hence it was a logical market to start with compared with other vehicle segments.


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