Recently, MAX, Africa’s leading mobility tech platform, welcomed Alitheia Capital and Goodwell Investments to its cutting-edge facility in Ibadan during its annual investee company meetup. This visit underscores the ongoing collaboration among MAX, Alitheia Capital, and Goodwell Investments as they aim to accelerate sustainable mobility in Africa.
Chinedu Azodoh, Co-founder of MAX, expressed his enthusiasm during the event, stating, “We are thrilled to host Alitheia Capital and showcase how our Ibadan facility is driving our mission to revolutionize mobility across the continent. Investors like Alitheia have played a crucial role in enabling our expansion, and we’re excited about the future opportunities this partnership holds.”
Alitheia Capital and Goodwell Investments are among the leading impact investment firms in Africa, playing a pivotal role in MAX’s growth journey. Their support has propelled MAX’s expansion across the continent as the company increases its production capacity, enhances infrastructure for electric vehicle adoption, and creates local job opportunities.
Tokunboh Ishmael, Co-founder and Managing Partner at Alitheia Capital, remarked, “MAX is a visionary company tackling some of Africa’s most pressing transportation challenges with innovative and sustainable solutions. Our visit to the Ibadan facility highlights MAX’s potential, and we believe that with ongoing investment, MAX will scale its impact even further across Africa, generating lasting economic, environmental, and social benefits.”
Els Boerhof, CEO of Goodwell Investments, emphasized the significance of their investment alongside Alitheia, saying, “Our commitment to MAX reflects our confidence in the company’s ability to transform transportation in Africa while promoting inclusive economic growth. By offering cleaner, more efficient mobility solutions, MAX is not only reshaping the future of transportation but also creating numerous opportunities for drivers, entrepreneurs, and communities. We are proud to be part of this journey and eager to witness MAX’s continued influence on sustainable mobility and empowerment across the continent.”
