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Afreximbank's FEDA commits $75mn to Spiro to scale e-mobility manufacturing in Africa

Afreximbank’s investment arm, the Fund for Export Development in Africa (FEDA), has committed $75mn to electric mobility company Spiro to expand electric motorcycle fleets and battery-swapping ...
GlobalData on MSN

KG Mobility to assemble vehicles in Algeria

South Korean automaker KG Mobility (KGM – formerly SsangYong) has agreed to set up a vehicle assembly plant in Algeria, as ...