African electric vehicle (EV) maker Agilitee plans to list in the United States (U.S.) through a reverse merger with U.S.-listed Media Sentiment Inc., in a move aimed at raising capital to expand production and accelerate its growth across the continent.
The Johannesburg-based company said the transaction, expected to close by July 2026, will result in the combined entity being renamed Agilitee Inc., with existing Agilitee shareholders retaining about 95 percent ownership.
The deal would place Agilitee among a small but growing group of African firms seeking access to deeper global capital pools, as companies look beyond domestic markets to finance expansion.
Founded in 2018, Agilitee develops electric vehicles, charging infrastructure and related technologies, positioning itself to tap rising demand for cleaner and lower-cost transport options in Africa.
The company has, in recent months, stepped up expansion efforts through international partnerships, including an agreement with a Chinese automaker to introduce electric scooters in selected African markets.
It has also announced plans to supply electric scooters in countries such as Kenya and Nigeria, targeting last-mile transport and delivery services, segments seen as key entry points for electric mobility on the continent.
Africa’s EV sector remains nascent compared with global markets, but interest is growing amid higher fuel costs, rapid urbanisation and policy efforts to curb emissions.
Agilitee said proceeds from the planned listing would support scaling of production, strengthening of supply chains and broader deployment of charging infrastructure.
It is seen that such investments could help address persistent barriers to EV adoption in Africa, including limited infrastructure and high upfront costs, while supporting locally tailored solutions for mobility and logistics.
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