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April 12, 2026
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    debt financing

    Afreximbank Extends $50 Million Debt Financing to Spiro Electric Mobility Company

    Paul MurungiThe Big StoryTransport & LogisticsFebruary 25, 2026February 25, 2026

    Afreximbank has extended $50 million in debt financing to African electric mobility company Spiro, as the firm scales up its clean transport infrastructure across the continent.  The transaction, first reported…

    Ugandans transacted UGX 435 billion per day through MTN mobile money in 2024 

    Paul MurungiBusiness & MarketsThe Big StoryMarch 6, 2025March 7, 2025

    Ugandans on average transacted UGX 159 trillion on MTN Mobile Money, which translated to UGX 435 billion per day for the 12 months to December 2024.  Details contained in the…

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