The African Export-Import Bank, a pan-African multilateral trade finance institution that aims to promote and finance intra- and extra-African trade.
Spiro Secures $55M Additional Backing from Chinese Investor NewTrails Capital
Spiro secured an additional $55 million equity investment from NewTrails Capital. The total funding raised by Spiro now stands at approximately $557 million.
Why Africa’s electric mobility is no longer a venture bet
Startups in the African electric mobility sector have raised over $1.28 billion across 129 deals since 2019. A third of the capital now comes as debt, indicating a shift towards infrastructure financing.
Why Africa’s most-funded EV startup is thinking beyond motorcycles
Spiro announced a $215 million funding round, one of the largest for an African mobility company. The company has raised over $500 million through various funding rounds to support its growth.
Spiro Raises $215 Million as Investors Double Down on African EV Infrastructure
Spiro secured $215 million in equity financing, marking a significant investment in Africa's electric transport sector. The funding will be used to expand operations in current markets and enter new countries.
EV Startup Spiro Secures $50 Million to Scale Its Operations in Africa
Spiro secured $50 million in debt financing to scale its operations. The funding comes from a consortium including Afreximbank, Nithio, and Africa Go Green Fund.
