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… +

The production and adoption of SAF in Africa is consistent with the Bank’s sustainable transport and mobility and energy transition strategy The African Development Bank and JGC Corporation, a leading Japanese engineering company, have signed an agreement to explore cooperation in the development of sustainable aviation fuel (SAF) in Africa.… +