Spiro, one of Africa’s leading two-wheeler electric mobility companies, announced on Tuesday, October 21, 2025, that it has raised $100 million (USD) to expand its battery-swapping infrastructure. This record-breaking fundraising round marks a major milestone for the electric motorcycle sector on the continent. Record Funding and Innovative Business Model The investment represents… +
Noumory Sidibé announced that after Anyama, work is underway in other localities, including Sassandra, to resolve electricity issues. In the commune of Anyama, several new neighborhoods — including Belleville 3, Lycée Jeune Fille, Berthé, Médine, and Dubaï — are now connected to the national electricity grid thanks to the construction… +
New Study Highlights Success of Polesaver Rot-Guard™ Sleeves in Combatting Decay and Termite Damage A new independent field study conducted in Uganda has revealed compelling evidence supporting the use of Polesaver (www.Polesaver.com) Rot-Guard™ sleeves to maximise the lifespan of wooden electricity distribution poles. The findings are expected to guide utility… +
The financing alleviates initial operational expenditures and enhances DIL’s balance sheet, supporting its continued growth trajectory African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is pleased to announce the signing of a US$1.35 billion financing facility in favour of Dangote Industries Limited (DIL). The facility is part of a larger approximately US$4 billion… +
The RBF II program is a key deliverable under the Bank’s High-5 priority areas of “Light up and Power Africa” and “Improve the Quality of Life of the People of Africa” The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved €173.84 million for the Rwanda Energy Sector… +
bp South Africa has joined the 2025 edition of the African Energy Week: Invest in African Energies conference – taking place on September 29–October 3 in Cape Town – as a Platinum Partner bp South Africa – a subsidiary of global energy major bp – is undergoing a strategic transformation… +
