Angata, which translates to "Let''s go" in Bambara, aims to revolutionize transportation in Bamako by offering electric vehicles (EVs) powered by solar energy. The company will initially focus on selling electric cars and taxis with a range of up to 300 kilometers. These vehicles will be imported until Ibi Group establishes its own
The name, which means "Let''s go" in Bambara, will take the people of Bamako down the road to decarbonisation. The start-up specialises in the sale of fully electric vehicles powered by solar panels. These include personal cars and taxis with a range of up to 300 km.
Vehicle leasing could be particularly promising in Bamako and Ouagadougou, as it would help familiarize riders with electric 2&3W and alleviate negative perceptions related to their range and reliability. Green financing options should be also explored.
Malian entrepreneur and the head of the Malian IBI Motors Group, Ibrahim Diawara, launched a taxi company with 100% electric cars, local media reported. According to the media, the range of these electric cars reaches 300 km. These cars are powered entirely by solar panels.
Traditionally, electric vehicles provide higher torque and efficiency compared to internal combustion engine vehicles [58]. But frequent torque demands needed for climbing hills will lead to higher battery discharge which will shorten the advertised range of the E2&3W.
The Malian industrial conglomerate Ibi Group, known for its work in aviation, renewable energies, and irrigation systems, has expanded its operations into the urban transport sector with the launch of a new subsidiary, Angata.
Angata, which translates to “Let’s go” in Bambara, aims to revolutionize transportation in Bamako by offering electric vehicles (EVs) powered by solar energy.
The company will initially focus on selling electric cars and taxis with a range of up to 300 kilometers. These vehicles will be imported until Ibi Group establishes its own manufacturing plant for EVs in Mali.
“There’s a significant cost difference between traditional gasoline or diesel vehicles and electric vehicles,” said Ibrahima Diawara, CEO of Ibi Group.
“Internal combustion engines cost roughly 100 CFA francs (around €0.15) per kilometer for small vehicles and 200 CFA francs (€0.30) for larger ones. With our electric vehicles, each kilowatt covers 12 kilometers, translating to less than 15 CFA francs (under €0.02) per kilometer. That’s a major change!”
Diawara pointed to China, where a significant portion of vehicles on the road are already electric, and upcoming bans on internal combustion vehicles in developed countries by 2035 as evidence of the shift towards electric mobility.
Mali, with its abundant sunshine (averaging 4,200 hours annually), is well-positioned to capitalize on solar energy and reduce reliance on expensive and polluting fossil fuels.
Moussa Alassane Diallo, Mali’s Minister of Industry and Trade, expressed the government’s support for the private sector’s role in developing electric mobility during the Angata launch ceremony.
Vantage Capital, a leading African fund manager, has announced the closing of a €14 million mezzanine investment in Société de Production Maraîchère Samir (SPMS), a Moroccan agricultural company.
South African travel technology company TurnStay has secured a $300,000 funding round from DFS Lab and Digital Currency Group (DCG), both headquartered in the United States.
The Malian conglomerate Ibi Group, internationally renowned for its services in aviation, renewable energies and irrigation systems, is continuing to diversify its activities. Just a few days ago, it launched an urban transport business, Angata. The name, which means “Let’s go” in Bambara, will take the people of Bamako down the road to decarbonisation.
The start-up specialises in the sale of fully electric vehicles powered by solar panels. These include personal cars and taxis with a range of up to 300 km. Until the Ibi Group subsidiary has its own manufacturing plant for electric vehicles, its fleet, intended for a mixed clientele (executives and lorry drivers), will be imported from other countries.
“When you use an internal combustion vehicle (running on diesel), each kilometre costs 100 CFA francs (€0.15) for small vehicles and 200 CFA francs (€0.30) for large ones. With the electric vehicles we offer, each kilowatt covers 12 km. That’s less than 15 CFA francs (less than 2 euro cents) per km. That’s a revolution! At least 60% of vehicles on the road in China are electric. The developed countries (in Europe, editor’s note) have also decided that by 2035, there will be no more internal combustion vehicles”, explains Ibrahima Diawara.
It is quite possible to implement this vision of the CEO of IBI Group in a country like Mali, which could make use of its 4,200 hours of sunshine a year instead of fossil fuels (petrol and diesel), which are considered expensive and polluting. And the transitional government is ready to support the private sector in developing e-mobility,” said Moussa Alassane Diallo, Mali’s Minister of Industry and Trade, at the Angata launch ceremony.
> Editorial staffEditor in chief : Jean Marie Takouleu> AdvertisingBrand content & display : Gaëlle Nicolas> ManagementPublisher : Delphine Chêne
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