Activity : Mobilité électrique et infrastructures d'échange de batteries
Instrument : Financement additionnel de 18 M$, qui porte l'engagement total d'AGG envers Spiro à 36 M$ · Vehicle : Africa Go Green Fund
Spiro develops and operates an electric mobility platform combining electric motorcycles with a large-scale battery-swapping network. The company operates across seven African markets and is expanding its infrastructure particularly in Uganda and Rwanda.
Why they invested
Spiro has made strong progress since AGG's initial investment.
The financing will support further electric motorcycle deployment and expansion of battery-swapping infrastructure in Uganda and Rwanda.
The battery-swapping model is designed to make electric mobility more accessible and affordable.
The investment contributes to reducing transport emissions while lowering riders' exposure to conventional fuel costs.
