Saturday, May 2, 2026
Google search engine
HomeBusinessAfrican EV firm Agilitee eyes US listing in growth push

African EV firm Agilitee eyes US listing in growth push

African electric vehicle (EV) manufacturer Agilitee is set to enter the United States public markets in a move expected to unlock new capital and accelerate the continent’s transition to green mobility.

The Johannesburg-based firm is pursuing a listing through a reverse merger with U.S.-listed Media Sentiment Inc., a deal expected to be completed by July 2026.

Upon completion, the merged entity will be rebranded as Agilitee Inc., with existing Agilitee shareholders retaining a dominant 95 percent stake.

The planned listing marks a significant milestone for the company, positioning it among a small but growing group of African technology firms accessing global capital markets.

Analysts say the move could channel increased investment into electric mobility and renewable energy solutions across Africa.

Founded in 2018, Agilitee is the continent’s pioneer in electric vehicles, artificial intelligence, and green technology.

The company focuses on the development, manufacturing, and distribution of electric vehicles, along with charging infrastructure and related technologies, to reduce reliance on fossil fuels.

In recent months, the firm has ramped up its expansion strategy through international partnerships.

Earlier this year, Agilitee announced a collaboration with a Chinese automaker to roll out multiple electric scooter models across selected African markets, targeting the fast-growing demand for affordable and clean transport solutions.

The company has also previously entered agreements to supply tens of thousands of electric scooters across the continent, including Kenya, Nigeria, and other key markets, as part of efforts to scale last-mile mobility and logistics solutions.

Agilitee’s expansion comes at a time when Africa’s electric mobility sector is gaining traction, driven by rising fuel costs, urbanization, and increased policy focus on climate resilience.

The company has already established operational footprints in multiple regions, including East and West Africa, with ambitions to deepen its presence through local assembly and infrastructure development.

If successful, the U.S. listing is expected to give Agilitee the financial muscle to scale production, strengthen supply chains, and accelerate the adoption of electric vehicles across the continent.

Industry observers note that while Africa still lags behind global leaders in EV adoption, investments by firms like Agilitee signal a shift towards homegrown solutions tailored to the continent’s infrastructure and affordability challenges.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments