African electric motorcycle startup Spiro to expand Kenya and Uganda

African startup Spiro said Friday it will expand its leasing of electric scooters and motorcycles to Kenya and Uganda after having received new financing.

Already present in Benin, Togo and Rwanda with 10,000 vehicles, the loan of $63 million will allow it to expand and put another 15,700 of the battery-powered vehicles on the road.

Spiro’s scooters and motorcycles have batteries that can be removed quickly and has developed a network of stations where low batteries can be exchanged for fully-charged ones.