[Afreximbank] Kigali, Rwanda, 10 November 2025: The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of African Export-Import Bank (Afreximbank), has announced a $75 million investment in Spiro, the leading electric two-wheel assembler in Africa with the fastest growing battery swapping infrastructure. This investment is fully aligned with Afreximbank s broader automotive strategy, to develop integrated manufacturing ecosystems by fostering strategic partnerships across the
Monday 15 December 2025
allafrica - 1 month ago
Africa: FEDA Announces Strategic Investment in Spiro to Accelerate Africa s Electric Mobility Transition
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