Kofa

What Kofa does

Kofa Technologies Ltd. operates a battery-as-a-service (BaaS) platform centered on its Kofa Swap & Go network — a city-wide infrastructure of stations where users exchange depleted batteries for fully charged ones in under 30 seconds. Founded in 2022 in Accra, Ghana, the company has built 33 swap stations in Accra, 6 in Kumasi, and is launching 15 more in Nairobi, Kenya beginning March 2026. Its proprietary Kore2 battery is a 72V, 2.3 kWh lithium-ion NMC pack weighing 16 kg, featuring IoT connectivity for real-time monitoring of speed, location, state of charge, and temperature. The hardware ecosystem is anchored by the TAILG Jidi electric motorcycle, co-developed with TAILG Group and offering up to 90 km of range at a maximum speed of 85 km/h, designed in Ghana specifically for African roads.

Kofa's business model rests on three revenue streams: monthly battery subscriptions and pay-per-swap usage fees under the BaaS model, sales of TAILG Jidi motorcycles through authorized distributors (Somoco Ghana, Autopax Kenya) and financing partners (Max Drive, Bboxx), and the KofaGo off-grid and backup power service using the same Kore2 battery platform. Customers access the network through a mobile app that supports station location, battery reservation, and fleet management. The company targets gig workers and ride-hailing operators, fleet operators and logistics companies, and micro-businesses and households that need reliable backup power.

The company's pre-Series A funding round of $8.1 million closed in April 2025, following seed funding from Mercy Corps Ventures, Wangara Green Ventures, Shell Foundation, and the UK FCDO. Strategic backers and partners include Shell Foundation, PASH Global (co-leading a £6.15 million Ghana infrastructure initiative), and Autopax in Kenya, positioning Kofa to scale its 'Energy Rail' across West and East Africa.

Name

Kofa

Legal name

Kofa Technologies Ltd.

Website

https://kofa.co

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Kofa operates a battery-as-a-service network in Ghana and Kenya, providing swappable Kore2 lithium-ion batteries, the TAILG Jidi electric motorcycle, and off-grid backup power through the KofaGo service. It targets gig workers, delivery fleets, and micro-businesses across urban Africa.

Ownership category

akta.pro rank

Product category

Battery Swapping Infrastructure

NAICS

Battery Manufacturing (33591), Automotive Equipment Rental and Leasing (5321)

SIC

Motorcycles, Bicycles & Parts (3751)

akta.pro primary industry

Micromobility Charging & Battery Swapping Services (THADAGAL)

akta.pro secondary industries

E-Mobility Batteries & Swappable Packs (Consumer) (CRACASAI), SCADA/Telemetry, Data Integration & Device Connectivity for Storage/DER Control (EUAFAKAI)

Keywords

• Battery swapping network
• Battery-as-a-service
• Electric motorcycle mobility
• Clean energy access
• IoT battery management

Headquarters

HQ city

Accra

HQ country

Ghana

HQ region

Africa

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Technology or R&D, Supply Chain, Infrastructure, Operations, Personnel, Marketing or Sales

Revenue model

1. Battery-as-a-Service (BaaS) Subscription: Monthly subscription plans giving access to fully charged batteries from any Kofa Swap & Go station. Eliminates upfront battery cost for customers while providing predictable recurring revenue.
2. Pay-per-Swap: Usage-based model where customers pay per battery swap, suitable for occasional users or those preferring flexible payment without subscription commitment.
3. Electric Motorcycle Sales: Sale of TAILG Jidi electric motorcycles through authorized distributors. Batteries are excluded from upfront cost and accessed separately through BaaS subscription.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels7 records

Core offering

Kofa operates a battery-as-a-service network that delivers swappable lithium-ion batteries (Kore2) through the Kofa Swap & Go station network in Ghana and Kenya, enabling riders to swap depleted batteries for fully charged ones in under 30 seconds. The platform powers electric two-wheelers (including the co-developed TAILG Jidi motorcycle) and provides portable backup power for homes and businesses via KofaGo, with mobile app-based access and subscription or pay-per-swap pricing.

Product overview

Kofa offers a battery-as-a-service platform built around the Kofa Swap & Go network — Africa's first modern Energy Rail. The system consists of swappable lithium-ion batteries (Kore1 and Kore2), a network of battery swap stations, the KofaGo service for off-grid and backup power, the TAILG Jidi electric motorcycle co-developed with TAILG, and supporting mobile/web applications including a Fleet Management Portal. The platform enables battery access through pay-per-swap or subscription models, eliminating upfront battery costs for users.

Differentiator

Problem solved

Functional benefit

Brands

• KofaGo: Battery-as-a-service platform providing portable batteries and inverters for off-grid and backup power applications.
• Kofa Swap & Go
• TAILG Jidi

Products and services

• Kofa Swap & Go City-wide network of battery swap stations providing instant access to fully charged, swappable batteries for electric vehicles, off-grid power, and backup applications. Users swap depleted batteries for fully charged ones in under 30 seconds via mobile app or subscription.
• KofaGo Battery-as-a-service offering providing portable batteries and inverters for off-grid and backup power applications for homes, businesses, and on-the-go productivity, accessed via a refundable deposit model without large upfront equipment investment.
• Kofa Kore2 Battery Next-generation swappable lithium-ion NMC battery (72V, 2.3 kWh, 16kg) with proprietary IoT technology for real-time monitoring of speed, location, state of charge, and temperature; 20% more capacity than its predecessor; compatible with the TAILG Jidi motorcycle and KofaGo applications.
• TAILG Jidi Electric Motorcycle Electric motorcycle co-developed by Kofa and TAILG Group, designed in Ghana for African roads. Features up to 90km range, 85km/h max speed, 223kg payload capacity, powered by two Kofa Kore2 batteries with under-30-second swap capability. Targets gig workers and commercial delivery fleets.
• Kofa Mobile App Mobile and web application providing access to the Kofa Swap & Go network, including pay-per-swap payments, real-time swap station locations with battery availability, route planning, and battery reservations.
• Kofa Fleet Management Portal Enterprise platform for fleet operators to manage their electric motorcycle fleet, including rider Swap & Go access management, fleet purchases tracking, and running cost monitoring.

Quantifiable outcome

• Up to 30% reduction in running costs compared to petrol motorcycles
• +4 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature4 records

Partnerships

Six partnerships are on record, tiered core and flagship.

• TAILG GroupcoreOEM/ Whitelabel/ Licensing Partner · 1 January 2024Strategic partnership with TAILG, a leading global electric vehicle manufacturer, to co-develop the TAILG Jidi electric motorcycle. Kofa designed the motorcycle in Ghana while TAILG handles manufacturing. The partnership combines 2 decades of TAILG's EV manufacturing expertise with Kofa's battery technology and local market knowledge to deliver purpose-built electric motorcycles for Africa.
• PASH GlobalflagshipStrategic or Co-development Partner · 1 January 2024Kofa and PASH Global are co-leading a £6.15 million battery swapping network initiative in Ghana to accelerate electric vehicle adoption. This flagship partnership represents a major infrastructure development initiative backed by significant investment.
• AutopaxcoreStrategic or Co-development PartnerAutopax launched the Cheche electric motorcycle in Nairobi with Kofa providing battery-swapping infrastructure. The deployment includes approximately 1,200 batteries supporting an initial fleet of 500 motorcycles across 12 active swapping stations, with Kofa as the battery infrastructure partner.
• Somoco GhanacoreChannel Partner/ Reseller/ DistributorOfficial distributor for TAILG Jidi motorcycles in Ghana. Handles sales, spare parts supply, and after-sales support services for customers.
• Max DrivecoreChannel Partner/ Reseller/ DistributorFinancing partner in Ghana offering motorcycle financing and installment payment options to enable customer access to electric motorcycles.
• BboxxcoreChannel Partner/ Reseller/ DistributorFinancing partner in Ghana providing flexible payment solutions for electric motorcycle purchases, particularly targeting underserved customers.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Spiro: Spiro is the leading battery-swapping network for electric motorcycles and scooters across multiple African countries, including Ghana, Kenya, Nigeria, Uganda, Rwanda, Tanzania and Benin. It is the most direct competitor to Kofa's Swap & Go model, targeting the same gig-worker and delivery rider segments with the same pay-per-swap and subscription revenue mechanics.
• Ampersand: Ampersand operates a fleet of electric motorcycles for taxi (boda-boda) drivers in East Africa (Kenya, Uganda, Rwanda), focusing on direct fleet ownership rather than battery swapping. It competes with Kofa for the same motorcycle-taxi customer base in Kenya and represents an alternative path to electrifying African commercial two-wheelers.
• Metro Africa Xpress (MAX): MAX (formerly MAX.ng) is a Nigerian e-mobility company that provides electric motorcycles, batteries and financing to delivery riders and boda-boda drivers. It targets the same gig-worker segment in West Africa and overlaps with Kofa's Ghana operations and stated West Africa expansion plans.
• Sun Mobility: Sun Mobility operates battery-swapping infrastructure for electric two- and three-wheelers in India using a 'battery as a service' model with interoperable swap stations. It is directly comparable to Kofa's offering in terms of business model (BaaS, swap stations, fleet partnerships) and serves as a useful emerging-market benchmark for unit economics.

Broad incumbents

• Gogoro: Gogoro is the global pioneer of battery swapping for electric two-wheelers, with the largest deployed swap network in Taiwan and expanding partnerships in India, Indonesia, and other Asian markets. While not in Africa, its technology stack and go-to-market approach (vehicle + battery + station + IoT) are the category-defining blueprint that Kofa's model closely follows.

Emerging players

• Bounce Infinity: Bounce Infinity is an Indian electric scooter manufacturer with a battery-swapping network targeting urban gig workers. While focused on scooters rather than motorcycles, its battery-as-a-service and pay-per-swap monetization mirrors Kofa's GTM and provides a useful emerging-market peer for swap economics.
• Opibus: Opibus is a Kenya-based EV company that converts internal-combustion vehicles (motorcycles, buses) to electric powertrains and develops EV components for African markets. It overlaps with Kofa's mission to electrify African mobility and shares the same Kenyan expansion geography.
• Zola Electric: Zola Electric provides solar-plus-battery energy systems to homes and businesses across Africa, targeting the same backup-power and off-grid customer segments that Kofa's KofaGo product addresses. While Zola's hardware model differs from Kofa's swap network, the two compete for the same African energy-access wallet share.

Regional players

• BasiGo: BasiGo is a Kenyan e-mobility startup deploying electric buses and charging infrastructure for public transport in East Africa. It operates in the same Kenyan geography as Kofa's upcoming expansion and pursues a parallel mission of electrifying commercial transport, though its vehicle category (buses) differs from Kofa's motorcycles.

Others

• Bboxx: Bboxx is a UK-based solar energy distribution and PAYG financing company operating across Africa that is also a Kofa channel and financing partner for TAILG Jidi motorcycles. It is adjacent rather than competitive, but shares the same last-mile energy-access customer base and distribution infrastructure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/wearekofa
• YouTubeyoutube.com/@wearekofa
• LinkedInlinkedin.com/company/wearekofa
• Instagraminstagram.com/wearekofa
• Facebookfacebook.com/wearekofa

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds5 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kofa