Country
Togo
Sector
Technology / Transport
Intelligence Type
Corporate
Status / Stage
Expanding
Confidence
Confirmed
Latest Development
Spiro is Africa’s largest electric motorcycle company — 25,000+ e-motos deployed across Rwanda, Benin, Togo, Kenya and Uganda under lease-to-own arrangements for commercial operators. Afreximbank provided a $50m term loan in Q1 2026 for fleet expansion.
Company Profile
Company TypePrivate
HeadquartersLomé, Togo
Countries of OperationRwanda; Benin; Togo; Kenya; Uganda
Websitespiroelectric.com
Key ExecutivesJules Samain (CEO)
Key Developments
25,000+ electric motorcycles deployed — Africa's largest e-moto fleet. $50m Afreximbank term loan Q1 2026 for fleet expansion. Lease-to-own model for commercial motorcycle taxi operators.
Key Risks
Battery supply chain; charging infrastructure; operator default risk on lease-to-own.
What Happens Next
Fleet expansion to new African markets using $50m Afreximbank facility.
Commercial Opportunity Intelligence
Opportunity SignalAfrica's largest deployed e-moto fleet — proving electric mobility at scale is commercially viable in African markets.
Commercial ReadinessCommercially Active
Source & Verification Trail
Last VerifiedAugust 2026
Source(s)Afreximbank Q1 2026; Businessday NG April 2026
Source DateQ1 2026