Electric vehicle transport financing is on the rise in Africa, with Spiro securing $50 million to expand its battery-swapping network, along with other e-mobility firms like Arc Ride and Gogo Electric receiving funding for clean transport solutions. Spiro intends to use the capital to extend its battery-swapping stations and advance technology for a greener future in Africa. Development financiers view electric mobility as both a climate solution and an industrialization opportunity on the continent, highlighting the potential for sustainable growth and reduced emissions in the region.