Tag: Cameroon
Investments Starting to Grow Nicely In Africa’s Electric Motorcycle Sector
Driven by rising fuel costs, increasing demand for affordable transportation and growing policy support for clean energy solutions, investors are increasingly backing scalable electric motorcycle platforms capable of supporting Africa’s next phase of urban and industrial growth. The electric motorcycle sector is growing nicely on the continent. I have been … [continued]
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Spiro Raises $50 Million As Demand For Its Battery Swapping Infrastructure & EVs Surges Across Africa
Motorcycles are a really big deal in a lot of African countries, with most of them deployed as taxis. Close to 30 million motorcycles on the continent are used in this motorcycle taxi industry. With almost 99% of them still being internal combustion engine motorcycles, there is a huge opportunity … [continued]
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Spiro Raises $100 Million in Africa’s Largest-Ever Investment in Electric Mobility
Spiro expects to surpass 100,000 deployed electric motorcycles within 2025 — a 400% year-over-year jump. Before this latest round, Spiro had secured more than $180 million from Equitane and Société Générale. That brings the total funding secured by Spiro so far to $280 million! We have been covering the developments … [continued]
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Baby, It’s Hot Outside! Extreme Heat Is Having An Impact On World Cities.
Cities around the world are experiencing more and more days where extreme heat threatens their inhabitants.
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Spiro’s Rapid Progress On The African Continent Shows That The Transition To EVs Is Well Underway
“I hopped on to an electric motorcycle in Kigali, Rwanda, and I was happy to see that the motorcycle taxi operator was a woman. It’s been a while since I got onto a motorcycle operated by a woman. I was very excited because getting one is like winning the lottery. … [continued]
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