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Agilitee
Home » Blog » Agilitee targets U.S. stock market listing via reverse merger
Business

Agilitee targets U.S. stock market listing via reverse merger

Kofi Agyeman
4 hours ago
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African electric mobility firm Agilitee is preparing to list on the U.S. stock market through a reverse merger deal aimed at raising capital and accelerating its expansion across Africa.

The Johannesburg-based company plans to merge with Media Sentiment Inc., a U.S.-listed firm, with the transaction expected to be completed by July 2026.

After the merger, the combined entity will operate as Agilitee Inc., while existing Agilitee shareholders will retain a 95% ownership stake.

Founded in 2018, Agilitee designs and manufactures electric vehicles and charging systems, with a focus on promoting clean energy, reducing fossil fuel dependence, and integrating artificial intelligence into its operations.

The planned listing is seen as a major milestone that could attract more global investors into Africa’s growing electric mobility and renewable energy sectors.

Agilitee has recently expanded its international footprint, including a partnership with a Chinese automaker to introduce electric scooters in select African markets.

It has also signed agreements to supply tens of thousands of scooters in countries such as Kenya and Nigeria to support last-mile transport and logistics.

With rising fuel costs, rapid urbanisation, and stronger climate policies driving demand, the company is positioning itself as a key player in Africa’s shift toward sustainable transport.

It also plans to expand further through local assembly plants and improved infrastructure.

If successful, the U.S. listing is expected to strengthen Agilitee’s finances, boost production capacity, and speed up the adoption of electric vehicles across the continent.

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TAGGED:AgiliteeMedia Sentiment IncUnited States stock market
SOURCES:The Ghana Report

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