Automotive

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Spiro Raises $100 Million to Power Africa’s Electric Mobility Revolution

Spiro, Africa’s leading e-mobility startup, secures $100 million in the continent’s largest EV funding round to expand battery-swapping and electric motorbike networks across Kenya, Nigeria, Rwanda, and Uganda.

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Afreximbank renews partnership with African Association of Automotive Manufacturers (AAAM) to promote industrialisation of Africa’s automotive sector

ALGIERS, Algeria, September 23, 2025 The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has renewed its memorandum of understanding (MoU) with the African Association of Automotive Manufacturers, harmonising efforts to promote Intra-African trade and investment in the continent’s automotive sector. The MoU was signed on the sidelines of the recently concluded Intra-African Trade Fair 2025 (IATF2025) in […]

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