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Nigeria's MAX raises 24 million dollars to expand EV operations across West and Central Africa

By Eve

MAX, a Nigerian mobility company, has secured 24 million dollars in funding to scale its electric vehicle operations across West and Central Africa. The capital will support the expansion of MAX's EV fleet and charging infrastructure in the region. Tech Labari reported the funding round, which positions MAX to accelerate electric mobility adoption in multiple African markets.

Why it matters

The investment signals growing commercial confidence in EV infrastructure deployment across emerging West and Central African markets, creating potential procurement opportunities for charging hardware and network management systems. MAX's regional expansion may drive demand for scalable charging solutions tailored to developing market conditions.

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Original title
“Nigeria’s MAX Raises $24 Million to Scale EV Across West and Central Africa”
Published
16 January 2026
Updated
16 July 2026
Also covered by
Google News

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