Spiro Raises $100 Million to Expand its eBikes & Battery Swapping Network Across Africa
Spiro, the ebike and battery swapping firm, has raised $100 million to provide affordable and accessible mobility to the masses while transforming Africa’s clean energy and urban transport sectors. The investment round, the largest investment in African two-wheel electric mobility ever, includes $75 million from The Fund forExport Development in Africa (FEDA), the development impact investment arm of African Export-Import Bank (Afreximbank). According to Kaushik Burman, CEO of Spiro,“Thi...











