QORAY Mobility & Energies Formally Introduces Its Founding Executive Team

Nigeria’s clean energy and mobility company names the leadership driving Africa’s sustainable future

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Qoray Mobility & Energies Ltd (QORAY), a clean energy and sustainable mobility company operating across Nigeria, today formally introduced its founding Executive Leadership Team.

Led by Founder and Chief Executive Officer Olabanjo Alimi, alongside Co-Founders Akinkunmi Akingbogun (Vice President, Mobility) and Ayo Falola (Vice President, Renewable Energy), the team has collectively driven the deployment of 2,150+ electric vehicles, over 7MWh of decentralised solar systems, and more than ₦20 billion in clean energy assets across Nigeria.

“Our mission is to drive Africa’s transition to clean energy and sustainable mobility through community, innovation, and partnerships. QORAY exists to power progress sustainably and inclusively.”
— Olabanjo Alimi, Founder & CEO

THE QORAY STORY

QORAY was built by executives who spent years architecting Nigeria’s clean energy and mobility ecosystem from within the financial sector and chose to own the mission themselves. The founding team brings not just expertise, but conviction: that Africa’s clean energy transition must be led by Africans, built for African communities, and scaled through homegrown enterprise.

That conviction is now on record. Backed by operating proof.

EXECUTIVE PROFILES

Olabanjo Alimi

Founder & Chief Executive Officer

Olabanjo Alimi is the Founder and Chief Executive Officer of QORAY Mobility & Energies Ltd, a company he built at the convergence of Nigeria’s clean energy, mobility, and financial sectors.

Under his leadership, QORAY has achieved significant operational milestones: deploying over 2,150 electric vehicles, installing over 7MWh of decentralized solar systems, and mobilizing over ₦20 billion in clean energy and mobility capital. These initiatives have deepened energy access, improved air quality, fostered green innovation, and created thousands of green jobs across Nigeria.

A seasoned energy executive, Alimi previously served as Divisional Head, Renewable Energy & Mobility at Sterling Bank, and as COO and Executive Director at Eterna PLC. His career also spans leadership roles at Enyo Retail & Supply and Oando Marketing (now NNPC Retail), where he managed portfolios exceeding USD 400 million.

His career has been defined by initiatives and partnerships that advance sustainable mobility, broaden energy access, and build economic inclusion; the very principles he founded QORAY to accelerate at scale.

Akinkunmi Akingbogun

Co-Founder & Vice President, Mobility

Akin Akingbogun is an accomplished engineer, business leader, and clean-mobility executive with over two decades of experience spanning engineering, energy, banking, and leadership development.

He holds degrees in Civil Engineering, Water & Environmental Engineering, and Business Marketing, and has completed the Senior Management Programme at Lagos Business School. He is a COREN-certified engineer and a member of the Nigerian Society of Engineers.

Prior to co-founding QORAY, Akingbogun held leadership roles at OVH Energy and Sterling Bank, where he served as Group Head, Mobility & Projects, Renewable Energy, driving strategic mobility, infrastructure, and sustainable transport initiatives.

At QORAY, he has been instrumental in advancing electric mobility adoption through strategic partnerships, product deployment, and ecosystem development. Under his leadership, QORAY’s flagship Electric Teak tricycle achieved a Guinness World Record by covering 347.11 kilometres in 12 hours, while electric tricycle deployment has expanded across Nigeria.

A certified business leadership and performance coach, Akingbogun combines technical expertise, commercial acumen, and transformational leadership to drive innovation and growth in Nigeria’s mobility sector.

“Our focus at QORAY is creating accessible mobility solutions that redefine how Africa moves — sustainably, efficiently, and affordably.”
— Akinkunmi Akingbogun, Co-Founder & VP, Mobility

Ayo Falola

Co-Founder & Vice President, Renewable Energy

Ayo Falola is a business development and sustainability leader with over 14 years of experience across banking, energy, logistics, and renewable sectors.

At QORAY, he leads the Renewable Energy Division, driving energy financing, decentralised system deployment, and partnerships that expand access to clean power for communities and businesses across Africa.

He is known for aligning financial performance with sustainability outcomes — crafting market-driven solutions that deliver both profitability and social impact. He has led the deployment of over 7MWh of distributed solar systems across Nigeria, with a strong focus on SMEs and underserved communities.

“We’re proving that sustainability and profitability are not opposites; they’re partners in progress. QORAY is where innovation meets impact.”
— Ayo Falola, Co-Founder & VP, Renewable Energy

ABOUT QORAY

Qoray Mobility & Energies Ltd (QORAY) is a Lagos-based clean energy and mobility company powering Africa’s sustainable future through innovation, partnerships, and community. Guided by its vision to be Africa’s most life-changing company, QORAY operates across:

• Electric Vehicle Manufacturing & Trading
• Renewable Energy Systems
• Logistics & Mobility Solutions

KEY MILESTONES

• 2,150+ locally assembled electric vehicles deployed across Nigeria
• Over 7MWh of decentralised solar systems manufactured and installed
• Over ₦20 billion in clean energy and mobility assets mobilised and deployed
• Nigeria’s largest network of EV charging and battery-swap stations
• Nigeria’s first publicly accessible EV charging station
• Over 100 local technicians trained under the Green Upskill programme
• Cabzero established as Nigeria’s first all-electric B2B leasing and ride-hailing platform, scaling to over 100 EVs
• Over 180.8 metric tons of carbon emissions reduced through electric mobility adoption

STRATEGIC PARTNERSHIPS

QORAY collaborates with financial institutions including Sterling Bank Ltd, The Alternative Bank, and the Development Bank of Nigeria, alongside technology partners and government agencies, expanding clean mobility and renewable energy access across Africa and creating opportunities for investors, entrepreneurs, and local communities.

MEDIA CONTACT

Qoray Mobility & Energies Ltd

[email protected]   •   www.qoray.co

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