Spiro Raises $100 Million in Africa’s Largest-Ever Investment in Electric Mobility

▤ Summary

Spiro has raised $100 million in a landmark investment round, the largest ever for African two-wheel electric mobility. The company will use the capital to expand its battery-swapping infrastructure across existing and new markets and to strengthen its technology platform. Spiro already operates in six African countries and has launched pilots in Tanzania and Cameroon. The investment supports its push to scale affordable electric mobility, energy storage, and local manufacturing across the continent.

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