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Spiro Motorcycles in a Dealership Shop in Kenya. PHOTO/ Spiro
Business News
Africa’s EV Pioneer Spiro Bags Ksh 6.45B to Accelerate Battery Swapping Network
Blake Otieno February 24, 2026

Africa’s electric mobility leader and pioneer in battery swapping, Spiro, has announced fresh debt funding of Ksh 6.45 billion to speed up the expansion of battery swapping and electric vehicle operations in Africa. This fresh injection of funds has been backed by Africa Export Import Bank (Afreximbank) and two new investors, Nithio and Africa Go

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Spiro electric bikes for illustration purposes. PHOTO/pixels
Business News, News
Faces Behind Spiro, the Company Taking Over Electric Motorbikes
Gideon Barasa November 15, 2025

Spiro is a pan-African electric mobility company that has its headquarters in Nairobi and was founded in 2019. Gagan Gupta is the founder and owner of the Spiro company through the partnership of the Equitane Group. Spiro was formerly known as “MAuto.” Kaushik Burman is the Chief Executive Officer (CEO) of Equitane Group. The company

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