Funding Trends in African E-Mobility Startups
Tech In Africa - Jun 25, 2025
African startups raised $2.21 billion across 488 deals in 2024, with mobility startups securing $178.6 million. Kenya leads East Africa in electrifying commercial vehicles, supported by a robust renewable energy infrastructure.
EXCLUSIVE: Spiro to ramp up EV production in Nigeria with new assembly plant
Bendada.com - Dec 23, 2024
Spiro will launch its first EV assembly plant in Ogun State, Nigeria by March 2025. The new plant will increase production capacity from 1,000 units in 2024 to 100,000 bikes.
Gig Workers Are Driving Ethiopiaโ€™s EV Push With Help From A Fledgling Startup
WeeTracker - Nov 08, 2024
Gig workers in Addis Ababa are transitioning to electric motorcycles for economic benefits. Dodai has over 7,000 electric motorcycles on the roads of Ethiopia.
Rwanda EV Startup Ampersand Raises $2 Million in Series A Extension
Tech Labari - Aug 29, 2024
Ampersand has raised a $2 million Series A extension to expand to other East African countries. The investment will accelerate the rollout of their EV energy technology and infrastructure to the mass market.
African Climate Tech Startups Surge to the Top in Investment Boom
Tech In Africa - Jun 28, 2024
Africa's climate tech startups have secured nearly half of all funding accumulated in 2024. Climate tech funding has experienced significant growth over the past five years.