E-mobility in Benin, Togo and Africa in general is still in its nascency but will offer huge benefits once the electric motorbike model has scaled up. This transaction will directly contribute to addressing the challenge of providing affordable, clean vehicles in Benin and Togo. The project by electric two-wheelers manufacturing company Spiro is specifically targeted at motorbike taxi drivers of which there are an estimated 400,000 in Benin and Togo. Creating 100 jobs from the operational fleetThe company is looking to deploy at least 15,700 clean electric motorbikes with 31,400 electric batteries and more than 1,000 swap stations in addition to its existing operational fleet of 5,706 vehicles and around 130 swap stations. This isn’t just about electric motorbikes; it is about envisioning a sustainable future for Africa and stimulating socio-economic growth through job creation and gender-inclusive employment.”

Source: The North Africa Journal August 15, 2023 10:57 UTC