Audio By Carbonatix
African electric vehicle manufacturer Agilitee is preparing to enter the United States public markets through a reverse merger, in a move aimed at unlocking capital and accelerating the growth of electric mobility across the continent.
The Johannesburg-based firm is pursuing a merger with U.S.-listed Media Sentiment Inc., with the transaction expected to be completed by July 2026. Upon completion, the combined entity will be rebranded as Agilitee Inc., with existing Agilitee shareholders retaining a 95 per cent stake.
The planned listing represents a significant milestone for the company and places it among a small but growing number of African technology firms seeking access to global capital markets.
Founded in 2018, Agilitee focuses on the development, manufacturing and distribution of electric vehicles, as well as charging infrastructure and related technologies, aimed at reducing reliance on fossil fuels. The company also integrates artificial intelligence and green technology into its operations.
Industry analysts say the move could attract increased investment into Africa’s electric mobility and renewable energy sectors, supporting efforts to scale sustainable transport solutions.
In recent months, Agilitee has intensified its expansion strategy through international partnerships. Earlier this year, the company announced a collaboration with a Chinese automaker to roll out electric scooter models across selected African markets, targeting rising demand for affordable and environmentally friendly transport.
The firm has also entered agreements to supply tens of thousands of electric scooters across key markets, including Kenya and Nigeria, as part of efforts to expand last-mile mobility and logistics solutions.
Agilitee’s growth comes amid increasing momentum in Africa’s electric mobility sector, driven by rising fuel costs, rapid urbanisation and stronger policy focus on climate resilience.
The company has established operations in multiple regions, including East and West Africa, and plans to deepen its presence through local assembly and infrastructure development.
If completed, the U.S. listing is expected to strengthen Agilitee’s financial capacity to scale production, enhance supply chains and accelerate the adoption of electric vehicles across the continent.
Industry observers note that while Africa still trails global leaders in EV adoption, investments by companies such as Agilitee reflect a gradual shift towards locally driven solutions tailored to the continent’s infrastructure and affordability constraints.
Latest Stories
-
The Chief Justice is not a Touring Minister: Baffoe-Bonnie’s SOE visits are unconstitutional officiousness
17 minutes -
Enforcing environmental laws carries political cost, while offenders go unpunished – Frimpong-Boateng
24 minutes -
Galamsey fight collapsed after safeguards introduced in 2018 were abandoned – Prof Frimpong-Boateng
29 minutes -
Jail officials who approve projects in wetlands and forest reserves – Prof Frimpong-Boateng
40 minutes -
Ghana needs $21bn to restore lands damaged by illegal mining – Frimpong-Boateng
48 minutes -
Law student killed in hit-and-run on Tema Motorway; family offers GH¢50,000 bounty
55 minutes -
Gas explosion near Larteh school contained after fire outbreak
58 minutes -
Nigerian-British businessman dies after penis enlargement procedure in Thailand
1 hour -
CHEAP JUSTICE? – Occasional Kwatriot Kwesi Yankah writes
2 hours -
WASSCE 2026: English performance decline requires urgent action – EduWatch
2 hours -
Old Tafo MCE pledges action as residents raise alarm over faulty drainage systems
2 hours -
Abossey Okai dealers reject spare parts cost as justification for 30% transport fare hike
3 hours -
NPP to hold balloting for national elections on September 9
3 hours -
DirectAid concludes flood relief distribution across Greater Accra, Kasoa
4 hours -
Volcano eruption leaves 150,000 passengers stranded in Indonesia
4 hours