Solar Taxi Gears Up To Build EVs Locally In Ghana
Farmerline expands to Ivory Coast and YellowCard partners with Jack Dorsey
What’s happened this Week:
Agritech startup Farmerline expands to Ivory Coast
YellowCard partners with Jack Dorsey’s “Block” company for remittances
and more!
The EV space in Ghana is small but growing and it got a much-needed boost this week.
One of the leaders in the space is the EV startup SolarTaxi. The company has been making strides including inking a deal with Jumia for use of their Solar Cargo vans.
This week, the Solar Taxi CEO in a tweet said that Solar Taxi had been approved for an assembling license from the Government of Ghana under the government flagship Ghana Automotive Development policy to locally assemble Electric cars in Ghana
It’s a big deal because Solar Taxi will now receive special benefits including a waiver of imports of car parts for their EV vehicles.
As said before, the EV space in Ghana is still quite small with a number of other EV startups like Kofa and Mana Mobility working on EV bikes for the masses.
In The News This Week:
Farmerline Expands Its Operations To Cote D’Ivoire
Farmerline, a leading agritech company has announced its expansion into francophone Africa with an official launch of operations in Cote d’Ivoire.
Vodafone Ghana Partners With Lynk Global to Provide Satellite-Direct-to-Standard-Phone Technology
Lynk Global, Inc. (Lynk), the world’s leading satellite-direct-to-standard-phone telecoms company, today announced that it has signed its second commercial contract with Telecel Group in Africa to provide services to Vodafone Ghana’s subscribers.
Insurtech Startup ETAP Launches Its “Takaful” Product Which Redistributes Funds To Users
ETAP, an insurance technology company that creates solutions and incentives to improve the automotive experience across Africa, has launched ETAP Takaful, a new ethical car insurance product that is based on Islamic principles and designed to give back to policyholders and their communities.
YellowCard Partners With Block For Cross-Border Payments
Block, the US fintech company behind the Cash App and Square announced a partnership with YellowCard, one of Africa’s largest crypto exchanges.
The partnership will facilitate cross-border payments between 16 countries in Africa, including Nigeria, Ghana, and South Africa.
Story Features
Is Everyone In Ghana An Influencer Now?
Most “influencers” in Ghana tend to have followers of about 5,000 and upwards and have worked with brands in the past. Usually, they post about a product and list its qualities or do a video showing off the product.
But are most Ghana personalities really “influencing” anything or are they being exploited for their mass following by brands and companies?
Africa Ecosystem Funding Activity
USD 20 million commitment to Evolution III Fund for clean energy in Africa - Africa Business Communities
Mozilla awards Ksh.1 million to six tech startups - Africa Business Communities
Ecosystem Data Portal
Subscribe to our Tech Ecosystem data portal and get access to information on 200+ startups and companies in the Ghanaian tech ecosystem.
You can access all this data by subscribing to our portal here for $20/month (or 60GHC a month)