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February 25,2026

Spiro Secures $50M to Expand Africa’s Electric Bike Swapping Network

Spiro, Africa's largest electric mobility operator, has secured $50 million in debt financing to expand its battery-swapping network across Kenya, Nigeria, Rwanda, and Benin. The funding will support the deployment of over 80,000 electric motorcycles and 2,500 charging stations to advance sustainable, low-carbon transportation in the region.

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