Spiro Raises $50 Million As Demand For Its Battery Swapping Infrastructure & EVs Surges Across Africa - CleanTechnica

The article highlights the rapid growth of electric motorcycles (e-motorcycles) in Africa, particularly in Kenya, where motorcycles are a vital mode of transport and a major part of the taxi industry. Despite nearly 99% of the continent’s nearly 30 million motorcycles still being internal combustion engine (ICE) models, the shift toward electrification is accelerating, driven mainly by private startups requiring significant capital investment. Kenya exemplifies this trend, with electric motorcycle registrations rising sharply from just 44 in 2017 to 25,277 in 2025, representing 15.3% of new motorcycle registrations that year. This marks a significant jump from 3.6% in 2023 and 7.1% in 2024, indicating that Kenya has surpassed the critical 5% market share tipping point for mass adoption. Spiro, a key player in this market, captured 60% of Kenya’s electric motorcycle sales in 2025 and operates over 400 battery swap stations