MAX, Africa’s mobility and technology company, has announced plans to scale electric vehicle (EV) financing and infrastructure across the continent, positioning clean mobility as a critical driver of Africa’s economic growth over the next decade.
The announcement was made at a Dinner & Awards Night in Lagos, themed “MAX@10: A Decade of Empowering Lives One Ride at a Time.” The event marked the company’s 10th anniversary and celebrated its evolution from a Lagos-based startup in 2015 to Africa’s largest EV mobility platform, enabling more than 55,000 commercial drivers to own vehicles through its inclusive financing model.
“Mobility is the backbone of Africa’s economy, yet millions remain excluded due to lack of financing and infrastructure,” said Adetayo Bamiduro, MAX co-founder and CEO. “The next decade will be about scale: electrifying Africa’s mobility and building the infrastructure to support it.”
Chinedu Azodoh, co-founder and president, highlighted the importance of collaboration in driving adoption: “EV adoption in Africa is not just about vehicles; it’s about ecosystems, charging, financing, and digital infrastructure. MAX is committed to building that foundation to unlock Africa’s next phase of inclusive growth.”
During the event, MAX also unveiled a redesigned website, previewed a mini-documentary chronicling its decade-long journey, and honoured employees, alumni, and interns who have contributed to its success.
The company said its electric motorcycles allow drivers to save up to N85,000 monthly compared to petrol-powered alternatives while enjoying the MAX Advantage, a comprehensive bundle including health insurance, vehicle licensing, insurance, and emergency support.
With these initiatives, MAX is doubling down on its ambition to become a central player in Africa’s clean mobility and financial inclusion agenda, staying true to its belief that “every ride empowers.”