Africa's largest EV company, Spiro, secures $50m debt facility from Afreximbank for expansion and green mobility.

Africa's largest EV company, Spiro, has secured a $50m debt facility from Afreximbank to expand its operations across the continent. The funds will be used to build more swap stations and introduce new electric bike models, enhancing green mobility solutions. This partnership aligns with Afreximbank's strategy for environmental sustainability and economic resilience in Africa.

May 17, 2024
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