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Africa|Energy|Infrastructure|PROJECT|Roads|Service|Solar|Storage|Infrastructure
Africa|Energy|Infrastructure|PROJECT|Roads|Service|Solar|Storage|Infrastructure
africa|energy|infrastructure|project|roads|service|solar|storage|infrastructure

DBSA invests R100m into EV charging station company

26th May 2025

By: Terence Creamer

Creamer Media Editor

     

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The Development Bank of Southern Africa (DBSA) has made a R100-million equity investment into electric vehicle (EV) charging station company CHARGE, which aims to develop a network of ultra-fast charging stations along South Africa’s national roads.

The company opened its first off-grid charging service station late last year in Wolmaransstad, in the North West province, and is aspiring to develop 120 solar-powered charging stations on the country’s major highways at 150-km intervals.

CHARGE is pursuing a fully off-grid model, with its charging stations powered by solar energy and supported by battery storage.

The DC fast charger deployed in Wolmaransstad is able to charge a vehicle in about 25 minutes.

Co-founders Andries Malherbe and Joubert Roux describe the DBSA investment as an endorsement of CHARGE’s mission to build climate-resilient infrastructure in South Africa.

DBSA acting group executive for project preparation Lebogang Seperepere said the investment would assist in growing the EV market in South Africa, while also creating jobs and helping to mitigate climate change.

Edited by Creamer Media Reporter

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