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Spiro Raises Additional $18 Million for Rwanda and Uganda EV Expansion

Unverified — auto-generated summary, not yet reviewedEnergy & CleantechPan-AfricanSep 23, 2026

Electric motorcycle company Spiro has raised an additional $18 million in debt financing to fund expansion into Rwanda and Uganda, bringing its total Africa Go Green Fund debt commitment to a reported $36 million. The raise confirms that EV two-wheel mobility is actively scaling across East Africa.

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Kenyan EV startup Spiro raises extra $18m for Rwanda, Ugandan expansion · disruptafrica.com · T1

Story timeline · 5 entries

Sep 23, 2026This story
Spiro's $18M East Africa EV Push
Spiro's East Africa debt raise is confirmed at $18M with Rwanda and Uganda named as expansion targets, advancing the electric two-wheel mobility story
Sep 22, 2026
Spiro E-Moto Debt Hits $36M
Africa Go Green Fund doubles its debt commitment to $36M total, accelerating Spiro's East African e-motorcycle and battery-swap rollout.
Sep 19, 2026✦ Take
Spiro, Yadea Scale African E-Mobility
Spiro-Yadea partnership surfaces in new Kenya-focused coverage, reinforcing continent-wide e-mobility scale ambition
Sep 16, 2026
Spiro-Yadea EV Battery Swap Deal
Spiro-Yadea partnership confirmed, combining Yadea's manufacturing scale with Spiro's African swap network across seven markets.
Sep 15, 2026
Yadea-Spiro EV Africa Tie-Up
Chinese EV manufacturer Yadea has partnered with Spiro, Africa's largest battery-swap network operator, to accelerate electric two-wheeler deployment across seven African markets. The tie-up combines Yadea's global manufacturing scale with Spiro's established swap infrastructure in a bid to capture the continent's growing demand for affordable electric mobility.