A country in West Africa involved in Spiro's local production strategy to enhance operational efficiency.
Spiro eyes 10x revenue jump to $200millon in 2025
Spiro projects $200 million in revenue for 2025, a tenfold increase from 2024's $20 million. The company's growth is linked to its pay-as-you-swap model, charging daily for battery exchanges.
Top African countries for startup funding in 2025: Q2 performance forecast
African startups raised $460 million in Q1 2025, a 5% dip from Q1 2024's $486 million. Kenya, Nigeria, South Africa, and Egypt captured 83% of the total funding.
Cleantech takes the lead as African startups raise $469.9 million in Q1 2025
African startups raised $469.92 million in Q1 2025, a 27% increase from Q1 2024. South Africa was the top investment destination, raising $120.42 million.
B2B payment platform Nilos expands to West Africa, promising faster and cheaper cross-border payments
Nilos has announced its expansion into West Africa, specifically targeting the Ivory Coast, Senegal, Benin, and Togo. The company will introduce instant payouts in the West African CFA franc (XOF) to enhance transaction speed.
