Green Energy Profits
  • Crypto News
  • Investing
  • Stock
  • Latest News
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

Error: Contact form not found.

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
Popular Topics
  • Biden jokes ‘I’m a young man’ during interview with Special Counsel Robert Hur
  • UK police charge three Iranian nationals with national security offenses in counter-terror probe
  • Supporters of Bolivia’s ex-leader Morales clash with police in push to secure his candidacy
  • FLASHBACK: Biden shrugs off Hur report when pressed by Peter Doocy: ‘I know what the hell I’m doing’
  • New Hur interview tapes detailing Mongolia trip shed light on Hur’s ‘sympathetic’ characterization of Biden
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions
Green Energy Profits
  • Crypto News
  • Investing
  • Stock
  • Latest News
  • Economy

Can Africa’s EV revolution support rural women?

  • April 16, 2025

Africa’s electric vehicle (EV) market is accelerating. But so far, one particular group of potential users — rural women — has largely been left behind, with investors favoring electric motorbike start-ups that serve a predominantly urban and male clientele. One company thinks it has the answer: electric tricycles.

“The boys with the two-wheelers get all the money,” said Shantha Bloemen, founder of Mobility for Africa, a Zimbabwean start-up with a 77% female customer base and one of a handful of EV companies in Africa operating solely in rural areas. Bloemen exclusively supplies tricycles, generally preferred by female riders in rural areas due to their non-straddling seat and greater stability on uneven roads. “Three-wheelers mean you’re inclusive of women,” she said.

Bloemen sees tricycles as the key to unlocking for rural women the potential of Africa’s EV market, which is expected to grow to $28.3 billion by 2030, according to data from Mordor Intelligence. She wants the continent to follow in the footsteps of Asia-Pacific, where tricycles are popular. “I want to be everywhere,” she said, “I want to be the queen of tricycles.”

For her customers, the vehicles, designed to cope with the unsurfaced roads, are transformative. “It has changed (our) way of life,” said Beauty Simango, 33, resident of the Zimbabwean village of Hauna and, since May last year, one of more than 300 people to lease or buy an electric tricycle from Mobility for Africa.

Simango no longer spends hours each day walking to fetch water or deliver crops to the market. By transporting goods and running a taxi service, her weekly income has increased from $30 to $150, although she now pays $65 towards her lease and regular battery swapping. Within 12 months, she will have paid off the price of the vehicle ($2,340). With her weekly profit, Simango pays her children’s school fees and funds farming projects. “It has helped our self-esteem as women,” she added.

But Mobility for Africa has struggled with a lack of investment. While Bloemen has raised a total of $6 million since 2019, half of which is from grants, including $380,000 from the Toyota Mobility Foundation, companies selling motorbikes in cities have been far more successful. Ampersand in Rwanda, whose clientele is, according to CEO Josh Whale, “overwhelmingly” male, raised over $21 million in a single year ending in August 2024. Spiro, the giant of the sector, has tens of millions of dollars in financing.

Most EV companies are focused on urban areas due to greater population density, said Tom Courtright, research director at the Africa E-Mobility Alliance think tank. Currently, most electric bikes and trikes must regularly swap their batteries at purpose-built facilities (Mobility for Africa currently has six such facilities) — but the cost of building and running these facilities can deter investors in areas with low populations. Currently, Courtright said, “urban areas are a better bet.”

For now, women in rural Africa must wait for the EV revolution to reach them. “Things are definitely moving in that direction,” said Ampersand’s Whale, “it’s just that the low hanging fruit is in the cities.”

This post appeared first on cnn.com

Previous Article
  • Latest News

Pentagon deputy chief of staff is second Hegseth advisor removed amid DOD leak probe

  • April 16, 2025
View Post
Next Article
  • Latest News

Mark Zuckerberg on the stand: ‘Crazy,’ ‘scary’ ideas led him to buy Instagram and WhatsApp

  • April 16, 2025
View Post

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular Topics
    • Biden jokes ‘I’m a young man’ during interview with Special Counsel Robert Hur
    • UK police charge three Iranian nationals with national security offenses in counter-terror probe
    • Supporters of Bolivia’s ex-leader Morales clash with police in push to secure his candidacy
    • FLASHBACK: Biden shrugs off Hur report when pressed by Peter Doocy: ‘I know what the hell I’m doing’
    • New Hur interview tapes detailing Mongolia trip shed light on Hur’s ‘sympathetic’ characterization of Biden
    Copyright © 2025 greenenergyprofits.com | All Rights Reserved
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Input your search keywords and press Enter.