How Chinese investors are supercharging Africa’s multibillion-dollar e-bike boom

AI Summary

Chinese investors are significantly boosting Africa's multibillion-dollar electric bike market by supplying components and supporting infrastructure like battery-swapping networks. This investment is driving a shift from petrol-powered to electric two-wheelers in East and West Africa.

Motorcycle taxis – often called boda-bodas in East Africa and okadas in Nigeria and parts of West Africa – serve as the primary mode of transport for millions in Africa. Now, Chinese investors are pouring funds into the continent’s multibillion-dollar two-wheeler market, driving an energy shift from petrol to electric power. The investors supply essential components and batteries for local assembly, while supporting infrastructure such as battery-swapping networks to ease the transition. Last...