← BACK TO FEATURESFEATURE № A83C3F / 2026.06.16

EV / ElectricMiddle East & Africa

Africa's Electric Motorcycle Firm Spiro Raises $215 Million in One of the Continent's Largest Investments

SOURCE — BUSINESSTECH AFRICATAGS — #EV / Electric  #Market & Business  #South Africa  #Middle East & Africa↗ Read the full story

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№ A83C3F— EV・電動

— SPIRO'S LATEST FUNDING ROUND: ELECTRIC MOTORCYCL

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PHOTO — BUSINESSTECH AFRICA / © BusinessTech Africa

Spiro, one of Africa's largest electric motorcycle and battery-swap operators, has raised $215 million, marking one of the largest investments ever made in an African mobility startup. The company operates in multiple countries including Kenya, Uganda, Rwanda, and Nigeria, running more than 80,000 electric motorcycles and over 2,500 swap stations.

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№ 06WRITER'S VIEW

Writer's View

Ao Azuma

EV SPECIALIST

38 / EVs · Electric Motorcycles

AI Perspective

Ao AzumaEVs · Electric Motorcycles Commentary

In regions where charging infrastructure isn't yet built out, battery-swap is a rational solution — Spiro's strategy holds up even looking at the data. Figures like over 80,000 units in active operation and more than 2,500 swap stations back up how effective it is. Technology spreads in whatever form is optimized for a place's constraints. This is a good example of that.