Manufacturing

The facility is a significant milestone in Spiro’s expansion across Africa, aiming to produce thousands of electric bikes and batteries annually.

Spiro, a pioneering electric vehicle (EV) company, has announced its expansion into Ogun State, Nigeria. This strategic move aims to revolutionize the country’s transportation landscape through cutting-edge electrification technology.

The partnership between Raya Auto and Shift EV signifies the first regional alliance dedicated to deeply localizing electric mobility technology. This move aligns with Egypt's ambitions to broaden its industrial base.

SPEE3D, a prominent name in large-format metal additive manufacturing, has entered into a strategic partnership with RusselSmith, a leading integrated energy solutions provider in West Africa.

Tanzania-based Amsons Group has made a $180 million bid to acquire the entire stake of Bamburi Cement. This deal, one of the largest takeover offers in the region, could potentially lead to Bamburi Cement's delisting from the Nairobi Securities Exchange (NSE).

Signify, formerly known as Philips Lighting and a global leader in lighting, has entered into a joint venture with GILA Al Tawakol Electric, a prominent Egyptian manufacturer and distributor of electrical solutions.

BYD, one of the world's largest electric vehicle and battery manufacturers, has signed an MOU with Ampersand, a leading EV energy tech company in Africa. This collaboration aims to accelerate the adoption of electric motorcycles across the continent.