E-mobility is taking off in Africa, and with it comes a growing debate about funding mechanisms necessary to finance charging infrastructure development. The shift towards EVs demands significant investment, and both the private and public sectors have essential roles to play. In this article, we explore private sector fundraising, public sector investment, and examples of public-private partnerships (PPPs) in growing Africa’s charging network.
We at Smarter Mobility Africa have been keeping a keen eye on emerging mobility markets, and Kenya has become a rapidly growing country that has been placed firmly on the radar of investors, industry shapers, thought leaders and solution providers.
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Infrastructure investment in Africa is expensive—not because of the projects themselves, but because of perceived risk. Investors expect five times the returns compared to OECD nations, making Public-Private Partnership (PPP) projects significantly costlier. How can we change this narrative? By lowering risk. Here’s what needs to be done:
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