A startup designing and assembling electric motorcycles and buses specifically for African roads, emphasizing local collaboration.
Why Africa’s most-funded EV startup is thinking beyond motorcycles
Spiro announced a $215 million funding round, one of the largest for an African mobility company. The company has raised over $500 million through various funding rounds to support its growth.
EV Startup Roam Launches AI-Enabled Platform for Real Time Tracking of Electric Fleets in Africa
Roam has launched Roam Explorer, an AI-driven intelligence platform for Africa's EV sector. The platform tracks battery health and real-time location, enhancing visibility for electric vehicles.
Kenya’s Roam turns to retail investors to fund its next growth phase
Roam is opening part of its pre-Series B round to retail investors on Crowdcube. The company aims to raise between $15 million and $20 million to scale production and expand its charging network.
Kenya Accelerates Electric Mobility Drive With Major Funding Boosts
Kenya secured a 25-billion Japanese yen (≈ USD 168 million) Samurai loan from Japan to support electric mobility initiatives. USD 102 million from the loan will enhance local EV manufacturing and assembly, reducing reliance on imported vehicles.
Equator secures $55M to fund Africa’s early-stage climate tech startups
Equator closes a $55 million fund to support early-stage climate tech startups in Africa. Investments will target sectors like energy, agriculture, and mobility to promote sustainable development.
