Tag: Nigeria
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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Watu’s 2024 Sustainability Report Shows Growing Electric Motorcycle Financing Landscape In Africa
The motorcycle sector is a key pillar of the African transport landscape, especially in East, Central, and West Africa, where motorcycle taxis provide transport for millions of people everyday. Estimates say there are around 30 million internal combustion engine motorcycles in Africa serving nations across the last mile logistics and … [continued]
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Climate Week NYC Recap Highlights, Part 1: Thinking Globally
Climate Week NYC covers topics related to climate change running alongside the UN Climate Summit. I had followed coverage before, but this was my first time covering it. I was a bit naïve in that attempt, as there were almost a thousand official Climate Week events on the calendar, several … [continued]
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Thanks to Widely Available Solar Panels & Batteries at More Affordable Price Points, African Countries Are Finally Going Solar!
About a year ago, I wrote an article titled “Is There Really “Structural Overcapacity” of EVs & Solar that “the World Cannot Absorb”?” That was because everywhere you go, you would bump into an article talking about how China (Chinese companies) are massively over-producing solar panels, lithium-ion batteries, and electric … [continued]
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From Norway To Nigeria, Beijing To Bogotá: Mapping The World’s EV Inflection Points
The story of electric vehicle adoption is not a straight line, but a set of curves shaped by markets, policies, and feedback loops. Diffusion of innovations theory reminds us that early adopters pave the way before the early majority tips the balance. Logistic s-curves show why adoption is slow at … [continued]
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