BnR Summit 2025

Belt and Road Summit 2025- Deal-making

10 – 16 Sept 2025 | China (Hong Kong)

ProjectUpdated on 28 August 2025

Afrivolt

recado Andrews

Director Invest SA at Department of Trade and Industry and Competition South Africa

Pretoria, South Africa

About

Afrivolt presents a strategic investment opportunity to develop a 5 GWh battery cell manufacturing facility in South Africa. With a phased approach, the project aims to support the growing demand for lithium-ion cells in Battery Energy Storage System (BESS) applications and heavy commercial EV mining solutions (HCEV), leveraging regional advantages and global partnerships

Project Location

  • South Africa

Project Format

  • Public-Private Partnership Project

ESG (Environmental, Social, and Governance)

  • Yes

Project Stage

  • Feasibility Study Completed

Main Project Sector

  • Energy and Natural Resources

Energy and Natural Resources

  • Energy Storage

Other Sector(s)

Energy

Total Project Value

  • 50,000,001 USD or above

Investment Capital Required

  • 50,000,001 USD or above

Interested Format of Cooperation

  • Public–private partnership / Concession

Preferred Financing Model

  • Debt
  • Equity

Previous Funding Stage

  • None

Main Service(s) Required

  • Financial Services

Financial Services

  • Private Equity & Venture Capital

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