The African Export-Import Bank, a pan-African multilateral trade finance institution that aims to promote and finance intra- and extra-African trade.
Africa’s Startup Ecosystem Sees Strong Growth with $442 Million Raised in October
Africa's startups secured over $442 million in funding in October 2025, the second-highest month of the year. Equity financing accounted for 76% of the total funding, marking October as the strongest month for equity investments in 2025.
Spiro raises $100 million to power Africa’s electric mobility ambitions
Lagos announced a €410 million electric ferry project to electrify its waterways. Spiro raised $100 million, marking the largest investment in Africa's e-mobility sector.
Spiro raises $100 million as it takes over half of Kenya’s electric bike market
Spiro raised $100 million in funding to expand its battery-swapping network. The funding round was led by Afreximbank’s Fund for Export Development in Africa.
Spiro raises $100M, the largest-ever investment in Africa’s e-mobility
Spiro announced a $100 million investment round led by the Fund for Export Development in Africa (FEDA). The investment marks Africa’s largest-ever EV mobility investment.
Afreximbank launches trade company to promote large scale trade in value added goods
Afreximbank launched the African Trade and Distribution Company (ATDC) to expand trade across Africa. The bank pledged $1 billion in funding to support the operations of ATDC.
