Electric motorbike company Spiro has secured a record-breaking $100 million investment, the largest in Africa’s two-wheel e-mobility sector. Led by Afreximbank’s Fund for Export Development in Africa, the funding will accelerate Spiro’s deployment of 100,000 electric bikes across seven African countries by December. In Kenya, where the company leads with over 52% of the EV bike market, Spiro’s expansion promises to slash emissions, create jobs, and drive sustainable transport transformation.