Sanguo Ventures

Extending E-Mobility to Base-of-the-Pyramid Malawians

Sanguo has for the last years sold electric motorcycles on a B2B model. This project will expand their customer base to a B2C model, targeting base-of-the-pyramid operators in Malawi with an aim of scaling to other Southern African countries. The project will sell 200 electric motorcycles and in partnership with Total Energies set up charging infrastructure for their customers.

Outcome and Impact

The project aims to lease 200 motorcycles, creating enhanced energy access for 200 people. On an annual basis, 410 tCO2e will be reduced and 388 MWh of clean electricity will be generated. Sanguo Ventures Ltd plans to create 200 temporary and 14 permanent jobs, with 44% of leadership positions filled by women. Savings on energy-related expenditure is estimated to be EUR 302K.