E-Mobility and Infrastructure Africa Summit

Globally the world of mobility is rapidly evolving, largely pushed by the need to decarbonise the world economy by 2050. For mobility, technological developments are enabling the movement from traditional internal combustion engines towards electric vehicles (EV) and other alternative propulsion motors. Although electric vehicles still account for a marginal share of global vehicle sales, governments of some of the biggest automotive markets have declared their intention and taken steps to embrace electric vehicles in order to decarbonise and curb emissions.

As part of the e-mobility revolution, African governments must put policy and regulatory measures in place (i.e. local content requirements) for Africa to play a meaningful role in value chains in the e-mobility sector. As such, investment in value chains in the automotive industry on the continent must be encouraged to ensure that Africa continues to play an important part in this sector in the future.

The e-mobility revolution in Africa heralds a new era of sustainable transport, driven by the need to combat congestion, pollution, and high fuel costs. In Africa, a transition is taking place in mobility systems. Electric vehicles, buses and motorcycles in particular, are gradually being integrated into urban transport systems. These developments are not taking place uniformly across the continent but are tending toward the same goal of decarbonizing transport.

The Electric Vehicles market in Africa is projected to reach a revenue of US$85.6m in 2024. It is expected to exhibit an annual growth rate (CAGR 2024-2028) of 17.33%, resulting in a projected market volume of US$162.2m by 2028.